Tax burdens on transactions are probably to be disproportionately borne through the relatively as “most desperate” market participants those, who are: (1) sellers when the market supply curve is relatively more price elastic than the market demand curve. (2) the resource suppliers who are the final “real” sellers. (3) invariably buyers. (4) equally probable to be buyers or sellers in most markets. (5) buyers when the market demand curve is relatively less price elastic than the market supply curve.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?