Question 1

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

  • A.is zero
  • B.will be borne by seller alone
  • C.will be borne by buyer alone
  • D.will be borne by seller and buyer
  • E.is impossible to tell who bears it
Objective

Question details

Exam body
UNIZIK
Subject
Economics
Year
2012/2013 Day 1
Question no.
#1
Type
Objective

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