Question

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

Accepted Answer

demand for his products is completely elastic

Answer

supply of his goods is more elastic than the demand

Answer

Demand for his circumstance is completely elastic

Answer

production of his commodity is subject to diminishing returns

Answer

demand for his products is more elastic than the supply

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