Explain how Congress can decide who pays the taxes, regardless of the elasticities of supply and demand.

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Explain how Congress can decide who pays the taxes, regardless of the elasticities of supply and demand. In your explanation, distinguish between taxes that do and taxes that do not impact the margin on which a decision is made.

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Dec 29, 2022 07:57 AM

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Explain how Congress can decide who pays the taxes, regardless of the elasticities of supply and demand.

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Congress can decide who pays the taxes if the tax does not depend on the number of hours worked ...View the full answer

Foundations Of Economics

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