If elasticity of demand is greater than elasticity of supply, more tax incidence will be on who? A. Seller B. Buyer

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter4: Demand And Demand: Applications And Extensions
Section: Chapter Questions
Problem 5CQ
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If elasticity of demand is greater than elasticity of supply, more tax incidence will be on who?

A. Seller

B. Buyer

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