asked 218k views
19 votes
Suppose that in a particular market, the supply curve is highly elastic and the demand curve is highly inelastic. If a tax is imposed in this market, then the.

asked
User Nikol
by
8.3k points

1 Answer

8 votes
the buyers will bear a greater burden of the tax then the sellers.
answered
User Sinfere
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7.7k points
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