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AfilCa [17]
3 years ago
15

Consumers will pay the full tax that is placed on the sellers of a good if demand is __________ or supply is __________.

Business
1 answer:
Goryan [66]3 years ago
8 0

Answer:

Perfectly inelastic, Perfectly elastic

Explanation:

Consumers will pay the full tax that is placed on the sellers of a good if demand is <u>Perfectly inelastic</u> or supply is <u>Perfectly elastic.</u> The reason for this is that the complete tax burden is borne by a perfectly inelastic side and no tax burden falls on the perfectly elastic side of a transaction.

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