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The price elasticity of demand is -3 and the price elasticity of supply is 5. In this market, the incidence of a sales tax will

The price elasticity of demand is -3 and the price elasticity of supply is 5. In this market, the incidence of a sales tax will fall ___

1. more on the sellers than the buyers

2. entirely on the sellers

3. more on the buyers than the sellers

4. entirely on the buyers

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