The share of the tax borne by the seller will be larger
A. if the demand for the product is less elastic.
B. if the demand for the product is inelastic.
C. if the demand for the product has greater elasticity .
D. if the elasticity of supply of the product is larger.
Answer:C
The share of the tax borne by the seller will be larger
A. if the demand for the product is less elastic. B. if the demand for the product is inelastic. C. if the demand for the product has greater elasticity . D. if the elasticity of supply of the product is larger.