Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

When the government imposes an excise tax on the sale of a good or service, the burden of the tax will:fall mostly on the side of the market (buyers...

When the government imposes an excise tax on the sale of a good or service, the burden of the tax will:

a.fall mostly on the side of the market (buyers or sellers) that is more elastic.

b.fall mostly on the side of the market (buyers or sellers) that is more inelastic.

c.always be shared equally by buyers and sellers

d.None of these is correct.

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question