The burden of a tax is shifted toward buyers if-09040
The burden of a tax is shifted toward buyers if:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.9.
The burden of a tax is shifted toward buyers if:
Demand is perfectly elastic.
Demand is relatively more elastic than supply.
Demand is relatively more inelastic than supply .
Demand and supply have equal elasticities.