If a Tax Is Placed on Suppliers of a Good

Multiple Choice

If a tax is placed on suppliers of a good, then the incidence of the tax

A) falls more on the sellers if demand is elastic.
B) usually falls more on the buyers than the sellers.
C) is usually split equally between the buyers and the sellers.
D) usually falls more on the sellers than the buyers.
E) falls more on the sellers if demand is inelastic.