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Principles of Microeconomics

7th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781305156050
BuyFind

Principles of Microeconomics

7th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781305156050

Solutions

Chapter
Section
Chapter 6, Problem 6CQQ
Textbook Problem

When a good is taxed, the burden of the tax falls mainly on consumers if

a. the tax is levied on consumers.

b. the tax is levied on producers.

c. supply is inelastic, and demand is elastic.

d. supply is elastic, and demand is inelastic.

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