Under competitive market-new tax will have what impact

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Under a competitive market, a new tax will have what impact, A. The suppliers/producers will pay it and thus bear the economic burden B. The consumers/demanders will pay it and thus bear the economic burden C. The tax will be borne by the side of the market with the most inelastic curve. D. The tax will be borne by the side of the market with the most elastic curve.

Reference no: EM131095578

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