Who bears the economic incidence of given tax

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Reference no: EM131199135

The demand for rutabagas is Q = 2,000 - 100P, and the supply of rutabagas is Q = 2100 - 200P.

Who bears the statutory incidence of a $2 per unit tax on the sale of rutabagas?

Who bears the economic incidence of this tax?

Reference no: EM131199135

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