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Suppose the supply of a good is perfectly elastic while the demand is elastic. The burden of a tax on the drug will:_______

a. be shared by the buyers and sellers.
b. fall entirely on the sellers.
c. fall entirely on the buyers
d. fall on neither the buyers nor the sellers.

1 Answer

6 votes

Answer:

A

Step-by-step explanation:

Hopefully this helps

User Nico Burns
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