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QUESTION
A sales tax on a product is borne to a greater degree (proportion) by sellers than buyers when demand is more price elastic than supply is. is this
A sales tax on a product is borne to a greater degree (proportion) by sellers than buyers when demand is more price elastic than supply is.is this true or false?Thank you.
A sales tax on a product is borne to a greater degree (proportion) by sellers than buyers whendemand is more price elastic than supply is.is this true or false?Answer: true