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When a good with equally elastic demand and supply is taxed the incidence of the tax is borne -entirely by consumers -entirely by producers -by both consumers and producers -mostly by consumers mostly
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When a good with equally elastic demand and supply is taxed the incidence of the tax is borne

-entirely by consumers
-entirely by producers
-by both consumers and producers
-mostly by consumers mostly by producers

User SushiGrass Jacob
by
7.0k points

1 Answer

6 votes
when a good with equally elastic demand and supply is taxed the incidence of the tax is borne

-entirely by consumers

-entirely by producers

-by both consumers and producers

-mostly by consumers mostly by producers
User Pavel Savara
by
8.3k points
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