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Question 0

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

  • 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
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1979
Question no.
#0
Type
Objective
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