When a good with equally elastic demand and supply is taxed the incidence of the tax is borne

-entirely by consumers

-entirely by producers

-by both consumers and producers

-mostly by consumers mostly by producers

Question

Business

Ashley

11 April, 07:55

When a good with equally elastic demand and supply is taxed the incidence of the tax is borne

-entirely by consumers

-entirely by producers

-by both consumers and producers

-mostly by consumers mostly by producers

+5

Answers (1)

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Mara · Answer 1

When a good with equally elastic demand and supply is taxed the incidence of the tax is borne

-entirely by consumers

-entirely by producers

-by both consumers and producers

-mostly by consumers mostly by producers

When a good with equally elastic demand and supply is taxed the incidence of the tax is borne-entirely by consumers-entirely by producers-by both consumers and producers-mostly by consumers mostly by producers

When a good with equally elastic demand and supply is taxed the incidence of the tax is borne

-entirely by consumers

-entirely by producers

-by both consumers and producers

-mostly by consumers mostly by producers