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If Ed for a product is greater than Es, then: a)The tax will be split 50-50 between consumer and seller b)Consumer will pay over 50%
If Ed for a product is greater than Es, then:
a)The tax will be split 50-50 between consumer and seller
b)Consumer will pay over 50% of an excise tax
d)Seller will pay over 50% of an excise tax
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