Both buyers and sellers of a good are responsive to changes in the price of the product. An increase in the sales tax on the product will be paid by Select the correct answer below:
A. both buyers and sellers in exactly equal amounts.
B. mostly the buyers.
C. mostly the sellers.
D. both buyers and sellers, in similar amounts
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Home » Business » Both buyers and sellers of a good are responsive to changes in the price of the product. An increase in the sales tax on the product will be paid by Select the correct answer below: A. both buyers and sellers in exactly equal amounts. B.