If the Supply of a Good Is Perfectly Elastic,then a Tax

question 50

Multiple Choice

If the supply of a good is perfectly elastic,then a tax on the good will be paid

• A)completely by the buyers.
• B)completely by the sellers.
• C)equally by the buyers and sellers.
• D)mostly but not completely by the buyers.
• E)mostly but not completely by the sellers.

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Definitions:

ADHD

Attention-Deficit/Hyperactivity Disorder, a neurodevelopmental disorder characterized by persistent inattention, hyperactivity, and impulsivity.

Anxiety Disorders

A group of mental health disorders characterized by excessive fear and anxiety, impacting daily functioning and quality of life.

Mood Disorders

A category of mental disorders involving persistent alterations in mood that affect daily functioning, including depression and bipolar disorder.