_____ is the way that the burden of a tax is divided among affected parties.
A) Tax revenue
B) Tax incidence
C) Deadweight loss
D) Profit sharing

Question

Quizplus · Accepted Answer

Tax incidence refers to how the burden of a tax is distributed among the various people who are affected by the tax. It analyzes the economic impact of a tax on the different stakeholders, including consumers, producers, and others.

_____ Is the Way That the Burden of a Tax