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Which of the following statements is correct? a. A tax levied on sellers always will be passed on completely to buyers. b. Who bears the
Which of the following statements is correct? a. A tax levied on sellers always will be passed on completely to buyers. b. Who bears the burden of a tax depends on the price elasticities of supply and demand. c. Government can decide who ultimately pays a tax. d. A tax levied on buyers will never be partially paid by sellers
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
