-Refer to the Information Above to Answer This Question

Multiple Choice

-Refer to the information above to answer this question.If the government imposes a $2 per unit sales tax on this product,how much of that tax will consumers pay and how much will sellers pay?

A) Consumers will pay all $2 of the tax.
B) Consumers will pay $1.50 and sellers $.50.
C) Consumers and sellers will each pay $1.
D) Consumers will pay $.50 and seller $1.50.
E) Sellers will pay all $2 of the tax.