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Suppose there is a $4 tax on the producers of soap. The demand curve for soap is inelastic and the supply curve for soap is
Suppose there is a $4 tax on the producers of soap. The demand curve for soap is inelastic and the supply curve for soap is elastic, which group will pay most of the burden of the $4 tax on soap? the government neither the producers nor the consumers O producers consumers O both the producers and the consumers
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