The incidence of an increase in tax on a commodity with perfectly inelastic demand will...

Economics

WAEC 2002

The incidence of an increase in tax on a commodity with perfectly inelastic demand will be on the

A. wholesaler
B. retailer
C. government
D. consumer

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Correct Answer: Option D

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The incidence of an increase in tax on a commodity with perfectly inelastic demand will...

Correct Answer: Option D

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