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Asked by Evaristi Paulo

Graphically explain tax incidences (who bears the burden)under the following scenarios:
a)Perfect inelastic demand curve and normal supply curves
b)Perfect elastic demand curve and normal supply curves
c)Perfect inelastic supplycurve and normal demand curves
d)Perfect inelastic supplycurve and normal demand curves
e)The demand curve is perfect elastic and tax is imposed on producers
2 years ago

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