Question
If demand is inelastic, the tax incidence falls more heavily on the _____, and deadweight loss is relatively_____. Group of answer choices buyer; large buyer;
If demand is inelastic, the tax incidence falls more heavily on the _____, and deadweight loss is relatively_____.
Group of answer choices
buyer; large
buyer; small
seller; large
seller; small
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Macroeconomics
Authors: N. Gregory Mankiw, William M. Scarth
5th Canadian Edition
1464168504, 978-1464168505
