Question

Explain the alternative concepts of incidence.​

Answer 1

${\huge\textbf{\textsf{{\color{Magenta}{⛄A}}{\red{N}}{\purple{S}}{\pink{W}}{\blue{E}}{\green{R}}{\red{♡}}{\purple{࿐⛄}}{\color{pink}}}} }$

• Tax incidence (or incidence of tax) is an economic term for understanding the division of a tax burden between stakeholders, such as buyers and sellers or producers and consumers. Tax incidence can also be related to the price elasticity of supply and demand.

$\huge\colorbox{yellow}{MsGoodGirl}$

Answer 2

Explanation:

Tax incidence (or incidence of tax) is an economic term for understanding the division of a tax burden between stakeholders, such as buyers and sellers or producers and consumers. Tax incidence can also be related to the price elasticity of supply and demand.