Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: Tax Incidence
-(Figure: Tax Incidence) Look at the figure Tax Incidence. All other things unchanged, when a good or service is characterized by a relatively inelastic demand, as shown in panel _____, the greater share of the burden of an excise tax on it is borne by _____.

A) C; buyers
B) C; sellers
C) D; sellers
D) D; buyers