The burden of tax falls more heavily on the seller in a market when–

(A) both supply and demand are elastic
(B) both supply and demand are inelastic
(C) demand is inelastic and supply is elastic
(D) demand is elastic and supply is inelastic

Anurag Mishra Professor Asked on 13th July 2016 in Commerce.
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    Answer: (D) demand is elastic and supply is inelastic 

    Anurag Mishra Professor Answered on 14th July 2016.
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