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Imagine, in a given market, that the supply curve is very elastic and the demand curve is very inelastic. If a tax is introduced in this market, thena. the buyers will bear a bigger fiscal burden than the sellers.b. sellers will bear a bigger fiscal burden from this tax than buyers.c. Based on the information given we cannot make any informed comments on how the fiscal burden will be shared.d. buyers and sellers will equally share the fiscal burden.

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