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07.07.2020 •
Business
Select the correct statement regarding tax wedges. A. Tax wedges are larger when supply is more inelastic than demand. B. Tax wedges are smaller when commodity taxes are imposed on buyers. C. Tax wedges are larger when demand is more inelastic than supply. D. Tax wedges are larger when commodity taxes are imposed on buyers. E. The size of the tax wedge is unrelated to elasticity.
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