b. Ultimately, who pays the majority of the economic burden of the tax is dependent upon O the marginal tax rate. O the marginal principle. O the cost-benefit priniciple. O the relative supply and demand elasticities.

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Chapter8: Application: The Costs Of Taxation
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b. Ultimately, who pays the majority of the economic burden of the tax is dependent upon
O the marginal tax rate.
O the marginal principle.
O the cost-benefit priniciple.
O the relative supply and demand elasticities.
Transcribed Image Text:b. Ultimately, who pays the majority of the economic burden of the tax is dependent upon O the marginal tax rate. O the marginal principle. O the cost-benefit priniciple. O the relative supply and demand elasticities.
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