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15-02-2024
Business

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Which of the following statements is true regarding the tax burden on the buyer for a good?A) The buyer will pay more of the tax burden if the good is a luxury good.B) The buyer will pay more of the tax burden if the good is a necessity.C) The buyer will pay more of the tax burden if the good has no substitutes.D) The buyer will pay more of the tax burden if the good is a luxury good and has no substitutes.

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