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Please comment: True, False or Depends Who pays the costs of a tax will depend mainly on the will of the legislators, as they decide
Please comment: True, False or Depends
"Who pays the costs of a tax will depend mainly on the will of the legislators, as they decide whether to tax the suppliers or the demanders of the good"
"The sunk efficiency loss generated by a tax is higher with relatively elastic supply and relatively inelastic demand compared to the reverse situation (relatively inelastic supply and relatively elastic demand)"
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