Under normal circumstances, a producer will bear the enti...
Under normal circumstances, a producer will bear the entire burden of taxation on his output if the
Supply of his goods is more elastic than the demand
Demand for his products is completely elastic
Production of his commodity is subject to diminishing returns
Demand for his products is more elastic than the supply
Demand for his products is completely elastic
Correct answer is E
No explanation has been provided for this answer.
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