The market shown in Figure 6P-14 is in equilibrium. If a tax was imposed on this market,

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The market shown in Figure 6P-14 is in equilibrium. If a tax was imposed on this market, would buyers or sellers bear more of the burden of the tax? Why?

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Microeconomics

ISBN: 978-1259813337

2nd edition

Authors: Dean S. Karlan, Jonathan J. Morduch

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