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AP Micro Unit 2 Review (Ch 3, 4, 5, 6) Flashcards | StudBud
AP Micro Unit 2 Review (Ch 3, 4, 5, 6)
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If demand for a good is perfectly elastic, how will the tax incidence be divided?
A
The tax will be evenly divided
B
The producer will pay all of the tax
C
The consumer will pay all of the tax
D
You can't tell from this information
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