The ______ of an excise tax depends on the of the taxed good\'s supply and demand curves.

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The ______________ of an excise tax depends on the ________ of the taxed good\'s supply and demand curves.

asked May 1, 2018 93.2k views

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Jeff Li · Answer 1 · 2018-05-06T05:47:34+0000

the incidence of an excise tax depends on the price elasticity of the taxed good's supply and demand curves
Excise tax only applied when a person buy a goods or service, which means that it will be more volatile if the goods are elastic.

The ______ of an excise tax depends on the of the taxed good\'s supply and demand curves.

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