Question 3
If demand for a good is perfectly inelastic, consumers bear none of the burden of a per-unit tax placed on the good
True
False
Question 3: If demand for a good is perfectly inelastic, consumers be…
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Correct answer
False
Question 3 of 28 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 2 paper sat on 16 Aug 2026, in the May 2026 term (Managerial Economics 16 Aug 26). It carries 0.5 marks.
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