When the demand for a commodity is inelastic, who bears the greater burden of the…

Home » Past Questions » Economics » Waec » 1988 » When the demand for a commodity is inelastic, who bears the greater burden of the…
Economics WAEC 1988

When the demand for a commodity is inelastic, who bears the greater burden of the indirect tax?

  • The producer
  • The government
  • The retailer
  • The consumer checkmark
  • The wholesaler

The correct answer is: D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment