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Question 13

The burden of a government tax on a commodity whose demand is inelastic will

  • A.be borne only by the government
  • B.be shared equally between consumers and producers
  • C.fall more heavily on customers
  • D.fall more heavily on producers
Objective

Question details

Exam body
UNN
Subject
Economics
Year
2018/2019 - Model 2
Question no.
#13
Type
Objective
Previous · Q12If the Central bank of Nigeria reduces the bank rate, this will cause Next · Q14 Derived demand is normally used with reference to

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