A sales tax on a product is borne to a greater degree (proportion) by sellers than buyers when demand is more price elastic than supply is. is this

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A sales tax on a product is borne to a greater degree (proportion) by sellers than buyers when demand is more price elastic than supply is.is this true or false?Thank you.

A sales tax on a product is borne to a greater degree (proportion) by sellers than buyers whendemand is more price elastic than supply is.is this true or false?Answer: true

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