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Question 24

Who bears the greater burden of the indirect tax when the demand for a commodity is inelastic? The

  • A.wholesaler
  • B.shareholder
  • C.retailer
  • D.consumer
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2019/2020
Question no.
#24
Type
Objective
Previous · Q23The greatest disadvantage of the barter system is the need for Next · Q25 Consumers are referred to as "the king" in which of these economic systems?

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