The Burden of the Tax on Buyers Is Greater the More

question 70

Multiple Choice

The burden of the tax on buyers is greater the more (1) elastic is demand.
(2) inelastic is demand.
(3) elastic is supply.
(4) inelastic is supply.

• A)(2)only
• B)(1)and (3)
• C)(1)and (4)
• D)(2)and (3)
• E)(2)and (4)

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