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Business, 30.03.2020 17:04 Ziham

When a good is taxed, a. only sellers are made worse off, because they ultimately bear the burden of the tax. b. only buyers are made worse off, because they ultimately bear the burden of the tax. c. neither buyers nor sellers are made worse off, since tax revenue is used to provide goods and services that would otherwise not be provided in a market economy. d. both buyers and sellers of the good are made worse off.

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