The burden of a tax is mainly borne by the buyer

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The burden of a tax is mainly borne by the buyer if: a. the demand for the good is relatively price elastic. b. the supply of the good is perfectly price elastic. c. the supply of the good is relatively price elastic. d. the demand for the good is relatively price inelastic. e. the demand for the good is perfectly price elastic.

Reference no: EM131109592

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