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Please answer ASAP Suppose the government imposes an excise tax on the market for aluminum rods. Which of the following statements is true? If demand
Please answer ASAP
Suppose the government imposes an excise tax on the market for aluminum rods. Which of the following statements is true? If demand and supply are both elastic, then consumers tax burden is higher than producers. C If demand is more elastic then supply, then consumers tax burden is higher than producers. C If supply is more elastic then demand, then producers tax burden is higher than consumers. O All of the above. None of the aboveStep by Step Solution
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