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Zoe Mitchell——Studied at the University of Manchester, Lives in Manchester, UK.
- Producers have to reduce the price they charge consumers to get them to buy their product given the new tax. ... The tax incidence will depend on the price elasticities of supply and demand. 1. When the price elasticity of demand is higher than the price elasticity of supply, an excise tax falls mainly on producers.read more >>+119962023-05-13 23:59:14
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