question archive A tax in a market with a very elastic supply and relatively inelastic demand results in: A

A tax in a market with a very elastic supply and relatively inelastic demand results in: A

Subject:EconomicsPrice:2.88 Bought3

A tax in a market with a very elastic supply and relatively inelastic demand results in:

A. Sellers bearing the burden of the tax

B. The price paid by buyers falls

C. The price paid by sellers does not change much

D. The burden of the tax being split evenly.

Option 1

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Option 2

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