Suppliers with a high supply elasticity will bear a ________ tax incidence, while suppliers with a low supply elasticity will bear a ________ tax incidence. A. lower; higher B. higher; lower C. lower or no; higher or full D. A and C E. None of the above

Principles of Macroeconomics (MindTap Course List)
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Author:N. Gregory Mankiw
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Chapter8: Application: The Costs Of Taxation
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Suppliers with a high supply elasticity will bear a ________ tax incidence, while suppliers with a low supply elasticity will bear a ________ tax incidence. A. lower; higher B. higher; lower C. lower or no; higher or full D. A and C E. None of the above.
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