MCQOPTIONS
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| 1. |
When a tax is collected from the buyers in a market, ? |
| A. | the tax burden falls most heavily on the buyers. |
| B. | the buyers bear the burden of the tax |
| C. | the sellers bear the burden of the tax |
| D. | the tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers |
| Answer» E. | |