Under what conditions do producers bear the full burden of an excise tax levied on the
producer?

The burden of an excise tax rests mostly on producers when the price elasticity of supply and demand is large and low, respectively.What is the tax burden on the producer?A tax increase's consumer cost represents how much the market price increases. The loss of revenue businesses experience after paying the tax is known as the producer burden.Note that Consumers are the main payers of excise tax. Demand is price inelastic if the demand curve is relatively steep. The supply is price elastic if the supply curve is comparatively flat. An excise tax falls mostly on producers when the price elasticity of supply is greater than the price elasticity of demand.Learn more about excise tax  fromhttps://brainly.com/question/22358769#SPJ1