Who bears the greater burden of a specific tax?

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Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

The group with more inelastic demand

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Answer 1

The group with more inelastic demand

Answer 2

The group with more elastic demand

Answer 3

The group with unitary elastic demand

Answer 4

The tax burden is always shared equally

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