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The above graph depicts a market in which an excise tax is imposed by the government which changes the price from Pe to Pc. In
The above graph depicts a market in which an excise tax is imposed by the government which changes the price from Pe to Pc. In this market, the tax incidence will be A. Borne primarily by the producer B. Shared equally by the producer and the consumer C. Borne primarily by the consumer D. Borne entirely by the consumer
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