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The burden of tax on a commodity whose demand is infinitely inelastic


Question

The burden of tax on a commodity whose demand is infinitely inelastic

Options

A)
is zero
B)
will be borne by the seller alone
C)
will be borne by the buyer alone
D)
will be borne by both buyer and seller
E)
is impossible to tell who bears it

The correct answer is C.


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