Solution Found!
What determines how the burden of a tax is divided between buyers and sellers Why
Chapter 6, Problem Questions for Review 6.7(choose chapter or problem)
QUESTION:
What determines how the burden of a tax is divided between buyers and sellers? Why?
Questions & Answers
QUESTION:
What determines how the burden of a tax is divided between buyers and sellers? Why?
ANSWER:Step 1 of 2
The factors that determine the burden of tax between buyers and sellers are the elasticities
of demand and supply.