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If a Commodity Has A(n)_____,a Greater Share of the Burden

Question 22

Multiple Choice

If a commodity has a(n) _____,a greater share of the burden of an excise tax levied on the commodity would be borne by the producers.


A) relatively elastic supply curve and a perfectly inelastic demand curve
B) perfectly elastic supply curve
C) relatively inelastic demand curve and a relatively elastic supply curve
D) perfectly elastic demand curve

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