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If demand is perfectly inelastic, how much of the burden of a one-dollar tax increase would be borne by the seller, and how much would
If demand is perfectly inelastic, how much of the burden of a one-dollar tax increase would be borne by the seller, and how much would be borne by the buyer? (Hint: Draw a graph.)
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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