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5 September, 19:48

The burden of a tax will fall primarily on sellers when the:a. demand for the product is highly inelastic and the supply is relatively elasticb. demand for the product is highly elastic and the supply is relatively inelasticc. tax is legally (statutorily) imposed on the seller of the productd. tax is legally (statutorily) imposed on the buyer of the product

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  1. 5 September, 19:56
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    The consumer
  2. 5 September, 20:13
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    Answer: The burden of a tax will fall primarily on sellers when the B. demand for the product is highly elastic and the supply is relatively inelastic.

    Explanation: A tax burden is a the effect the tax has on how welfare is distributed in an economy. The tax burden happens when the price elasticity of demand and the price of elasticity of supply are not where they have been projected to be.
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Home » Business » The burden of a tax will fall primarily on sellers when the:a. demand for the product is highly inelastic and the supply is relatively elasticb. demand for the product is highly elastic and the supply is relatively inelasticc.
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