asked 63.5k views
3 votes
Under what conditions do consumers bear the full burden of an excise tax levied on

the producer?

asked
User Shan Ye
by
7.8k points

1 Answer

3 votes

Answer:

If demand is more inelastic than supply, consumers bear most of the tax burden.

answered
User Evgeny Kluev
by
8.2k points
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