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Suppose this supply of Watsons (from the previous problem) became more inelastic. What effect would this change have on the effect of a tax applied
Suppose this supply of Watsons (from the previous problem) became more inelastic. What effect would this change have on the effect of a tax applied on this market? Group of answer choices Increased tax burden on the buyers Increased tax burden on the sellers Not enough information None of the above
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