Categories Economics if market supply is perfectly elastic the whole tax burden will be borne by the ____________________. Post author By thelooknow Post date March 24, 2022 A. consumer B. firm C. Both a & b D. None of the above CORRECT ANSWER IS: consumer ← if market supply is less elastic the consumer will bear ____________ proportion of tax → if market supply is perfectly inelastic the whole tax burden will be borne by the ____________________.