when the government imposes a unit tax on a com... - WAEC Economics 1997 Question
when the government imposes a unit tax on a commodity with perfectly inelastic demand , the
A
tax is borne entirley by the seller
B
tax is shared equally between the buyer and the seller
C
seller bears 70% and the consumer bears 30% of the tax
D
tax is borne entirely by the consumer
correct option: d
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