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the share of the tax borne by the seller will be larger

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Q.

The share of the tax borne by the seller will be larger:

[A] if the demand for the product is less elastic

[B] if the demand for the product is inelastic

[C] if the demand for the product has greater elasticity

[D] if the elasticity of supply of the product is larger

Answer & Explanation
Option: [C]

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