Both buyers and sellers of a good are responsive to changes in the price of the product. An increase in the sales tax on the product will be paid by Select the correct answer below:
A. both buyers and sellers in exactly equal amounts.
B. mostly the buyers.
C. mostly the sellers.
D. both buyers and sellers, in similar amounts
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Both buyers and sellers of a good are responsive to changes in the price of the product. An increase in the sales tax on the product will ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Both buyers and sellers of a good are responsive to changes in the price of the product. An increase in the sales tax on the product will be paid by Select the correct answer below: A. both buyers and sellers in exactly equal amounts. B.