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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 -mos…

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 -mos…
asked 86.6k views
5 votes
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

asked
User SushiGrass Jacob
by
7.6k points

1 Answer

6 votes
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
answered
User Pavel Savara
by
9.1k points
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