If demand is perfectly inelastic, a tax imposed

If demand is perfectly inelastic, a tax imposed

A is borne only by the producer
B is borne only by the consumer
C will have greater impact on the seller
D will have no impact on the buyer

waec 2022 economics

The correct answer is B. is borne only by the consumer

The incidence of tax when demand is perfectly inelastic is borne by the consumer.

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