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The burden of tax on a commodity whose demand is infinitely inelastic
Classroom
Economics Classroom
Jamb
Jamb 1979
Public Finance
Principles Of Taxation
More Topics
The burden of tax on a commodity whose demand is infinitely inelastic
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Is zero
B
Will be borne by the seller alone
C
Will be borne by the buyer alone
D
Will be borne by both buyer and seller
E
Is impossible to tell who bears it
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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