Home » Economics » The burden of tax on a commodity whose demand is infinitely inelasticThe burden of tax on a commodity whose demand is infinitely inelastic The burden of tax on a commodity whose demand is infinitely inelastic A. is zero B. will be borne by the seller alone C. will be borne by the buyer alone D. will be borne by both buyer and seller E. is impossible to tell who bears it Correct Answer: Option C Explanation Related Posts In production , the formula total product/number of men employed is used to calculate According to the theory of comparative advantage specialization will result in The movement of goods and services from the producers to the consumers is referred to… Every economy requires an accurate census because it assist in? One of the function of money is Price elasticity of demand is define as the
