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9.Which of the following statements is most accurate with respect to the effects of taxes imposed on goods and services? A:A:The actual incidence will fall more heavily on the buyer if the demand is more elastic relative to supply. B:B:The actual incidence will fall more heavily on the seller if the supply is less elastic relative to demand C:C:The statutory incidence will fall more heavily on the buyer if the supply is less elastic relative to demand |
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