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(Solved): Supply for X is perfectly inelastic. If the demand for X is relatively inelastic, then a tax on X is ...
Supply for X is perfectly inelastic. If the demand for X is relatively inelastic, then a tax on X is paid
A.
entirely by the buyers.
B.
mostly by the buyers.
C.
mostly by the sellers.
D.
entirely by the sellers.
E.
equally by buyers and sellers.