True or false? When a substitute for a good is readily available to consumers, but it is

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True or false? When a substitute for a good is readily available to consumers, but it is difficult for producers to adjust the quantity of the good produced, then the burden of a tax on the good falls more heavily on producers. Explain your answer.

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Macroeconomics

ISBN: 9781319098759

5th Edition

Authors: Paul Krugman, Robin Wells

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Question Posted: Mar 05, 2024 04:00 AM

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True or false? When a substitute for a good is readily available to consumers, but it is

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False Heres why When a close substitute exists for a good and consumers can easily switc...View the full answer

Macroeconomics

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