When a good is taxed, the burden of the tax falls mainly on consumers if

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asked Aug 3, 2024 175k views

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Javiercruzweb · Answer 1 · 2024-08-07T12:13:03+0000

If demand is inelastic, the quantity demanded will fall less than the quantity supplied when a tax is placed. This means that the tax burden will fall mainly on consumers.

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When a good is taxed, the burden of the tax falls mainly on consumers if

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