-If a Sales Tax Is Imposed on a Product,which of the Following

Multiple Choice

-If a sales tax is imposed on a product,which of the following statements is correct?

A) If the demand for the product is inelastic,the seller will pay a larger percentage of the tax than will the consumer.
B) If the demand for the product is elastic,the seller will pay a smaller percentage of the product than will the consumer.
C) The consumer will pay 100% of the tax.
D) If the demand for the product is inelastic,the consumer will pay a larger percentage of the tax than will the seller.