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Author Question: Which of the following is true regarding tax incidence? i. The elasticities of supply and demand ... (Read 48 times)

Yolanda

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Which of the following is true regarding tax incidence?
i.  The elasticities of supply and demand determine tax incidence.
ii.  When the government taxes the seller, the firm always pays most of the tax.
iii.  When the government taxes the buyer, the consumer always pays most of the tax.
◦ i only
◦ i and ii
◦ i and iii
◦ ii and iii
◦ i, ii and iii


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Marked as best answer by Yolanda on May 24, 2019

deja

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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