For a Given Supply Elasticity,the More Inelastic the Demand for a Good,the

question 58

Multiple Choice

For a given supply elasticity,the more inelastic the demand for a good,the larger the share of the tax paid by the

• A) buyers.
• B) sellers.
• C) participants other than the buyers and sellers.
• D) government.
• E) None of the above answers is correct.