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Suppose that in a particular market, the supply curve is highly elastic and the demand curve is highly inelastic. If a tax is imposed in this market, then the.
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39 votes
Suppose that in a particular market, the supply curve is highly elastic and the demand curve is highly inelastic. If a tax is imposed in this market, then the.

User Fret
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23 votes
the buyers will bear a greater burden of the tax then the sellers.
User Awinbra
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