Question

Under normal circumstances a producer will bear the entire burden of taxation on his output if the?

Accepted Answer

demand for his product is completely elastic

Answer

supply of his goods is more elastic than the demand

Answer

demand for his product is more elastic than the supply

Answer

production of his commodities is subject to diminishing returns

Answer

production of his commodities is subject to increase returns to scale

Under normal circumstances a producer will bear the entire burden of taxation on his output if the?