4261EconomicsMedium
When a tax is collected from the buyers in a market,?
Athe tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers
Bthe sellers bear the burden of the tax
Cthe buyers bear the burden of the tax
Dthe tax burden falls most heavily on the buyers.
Correct answer
A. the tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers
Explanation
The correct answer is the tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers.