Use the Figure Below to Answer the Following Question(s)

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 4-9

Refer to Figure 4-9. The market for gasoline was initially in equilibrium at point b and a $.40 excise tax is illustrated. Which of the following states the actual burden of the tax?

A) $.20 for buyers and $.20 for sellers
B) $.30 for buyers and $.10 for sellers
C) The entire $.40 falls on sellers.
D) The entire $.40 falls on buyers.