Consider the situation when the expense is required on purchasers. In contrast to when assessment is forced on makers, the interest bend movements to one side to make new harmony with beginning stockpile {peripheral expense} bend. The new balance {at a lower cost and lower amount} addresses the value that makers will get after tax assessment and the point on the underlying interest bend concerning amount of the great after tax collection addresses the value that shoppers will pay because of the expense' Along these lines, it doesn't make any difference whether the expense is imposed on purchasers or producers t[5]

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This description outlines the concept of tax incidence which refers to how the burden of a tax is di... View the full answer