Economy, asked by safafs, 4 months ago

the incidence of a sales tax is most likely on the buyers or sellers?​

Answers

Answered by crystalprincess78
2

Answer:

Tax incidence can also be related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers. If demand is more elastic than supply, producers will bear the cost of the tax.

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