When a Tax Is Placed on the Buyers of Lemonade,the

question 50

Multiple Choice

When a tax is placed on the buyers of lemonade,the

• A)sellers bear the entire burden of the tax.
• B)buyers bear the entire burden of the tax.
• C)burden of the tax will be always be equally divided between the buyers and the sellers.
• D)burden of the tax will be shared by the buyers and the sellers,but the division of the burden is not always equal.

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Mumford's Skills Model

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