Business, 05.03.2020 23:35 JLapworth1130

If a $5,000 tax is placed legally (statutorily) on the sellers of new automobiles and as a result the price of automobiles to consumers rises by $4,000, then the actual burden of the tax a. falls completely on automobile buyers. b. is $1,000 on automobile buyers and $4,000 on sellers. c. is $4,000 on automobile buyers and $1,000 on sellers. d. falls completely on automobile sellers

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If a $5,000 tax is placed legally (statutorily) on the sellers of new automobiles and as a result th...

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