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Business, 04.09.2019 01:30 kayliehernandez

If a tax is imposed on a market with inelastic demand and elastic supply, a. the burden of the tax will be shared equally between buyers and sellers. b. it is impossible to determine how the burden of the tax will be shared. c. buyers will bear most of the burden of the tax. d. sellers will bear most of the burden of the tax.

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