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24 January, 22:49

When the price elasticity of demand is low and the price elasticity of supply is high, the burden of a tax falls mainly on producers?

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  1. 24 January, 23:13
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    Tax will always fall upon the end user or customer purchasing the end product. Taxes has less to do with price elasticity as the price just is applied to determine what tax is paid for by the end co
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