The laws of supply and demand determine who actually pays a tax. 1. Describe the conditions under

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The laws of supply and demand determine who actually pays a tax.
1. Describe the conditions under which consumers will pay the full tax.
2. Describe the conditions under which producers will pay the full tax.
3. Explain how the government can maximize tax revenues.
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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