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Economics

I need help with this question. I think the customer will carry the burden but not sure. I believe the answer has something to do with elasticity as well. Not sure how to tie it all together.

Question:
Who would bear the brunt of a national sales tax on tobacco products? Why?

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The customer would bear the brunt of national sales tax on tobacco products. This is because tobacco ...

Solution Summary

The solution answers the questions below in detail.

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