28. In the long run, the incidence of a sales tax in an industry with constant returns to scale is a. deferred until the market is able to re-establish an equilibrium price. b. shared between the...

28. In the long run, the incidence of a sales tax in an industry with constant returns to scale is<br>a. deferred until the market is able to re-establish an equilibrium price.<br>b. shared between the consumer and the producer.<br>c. wholly absorbed by the producer.<br>d. wholly absorbed by the consumer.<br>50PL<br>

Extracted text: 28. In the long run, the incidence of a sales tax in an industry with constant returns to scale is a. deferred until the market is able to re-establish an equilibrium price. b. shared between the consumer and the producer. c. wholly absorbed by the producer. d. wholly absorbed by the consumer. 50PL

Jun 10, 2022

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28. In the long run, the incidence of a sales tax in an industry with constant returns to scale is a. deferred until the market is able to re-establish an equilibrium price. b. shared between the...

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