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Question 1 5 pts Your friend Sarah is upset about a new government policy that has imposed a tax on the manufacturers of laptops. Sarah
Question 1 5 pts Your friend Sarah is upset about a new government policy that has imposed a tax on the manufacturers of laptops. Sarah exclaims, "It's so unfair! This tax just gives laptop companies an excuse to jack up their prices. Consumers like us are the ones who will end up footing the bill." Based on your knowledge of tax incidence in economics, explain why Sarah's assumption about the incidence of the tax is incorrect. Your answer should be three sentences or less. Upload a PDF of your answer to just this question below: Upload Choose a File
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