3437EconomicsMedium
The burden of a tax falls more heavily on the sellers in a market when?
Ademand is elastic, and supply is inelastic
Bboth supply and demand are inelastic
Cdemand is inelastic and supply in elastic
Dboth supply and demand are elastic
Correct answer
A. demand is elastic, and supply is inelastic
Explanation
The correct answer is demand is elastic, and supply is inelastic.