The Demand Curve for Good X Is Generally Highly Inelastic

Multiple Choice

The demand curve for good X is generally highly inelastic at and around the current price. If we assume that the supply curve is neither perfectly elastic nor perfectly inelastic, then who will pay the greater share of a tax placed on the production of good X?

A) The buyers will pay the greater share.
B) The sellers will pay the greater share.
C) The buyers and the sellers will pay equal shares.
D) There is not enough information to answer the question.