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Question #48866

When a tax is collected from the buyers in a market, ?

Options:

A) the tax burden falls most heavily on the buyers.

B) the buyers bear the burden of the tax

C) the sellers bear the burden of the tax

D) the tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers

Answer: When a tax is collected from the buyers in a market, the tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers.

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