Categories Economics if market supply curve is more elastic to price, the consumer will bear ______________ proportion of tax. Post author By thelooknow Post date March 24, 2022 A. lower B. higher C. no D. None of the above CORRECT ANSWER IS: higher ← In perfect competition and in short-run case, if specific sales tax is applied the MC (which is also the supply curve of the firm) curve will shift upward to the left, output will ________________ at the going price. → if market supply is less elastic the consumer will bear ____________ proportion of tax