Buyers of a Good Will Bear the Larger Part of the Tax

Multiple Choice

Buyers of a good will bear the larger part of the tax burden, and sellers will bear a smaller part of the tax burden, when the

A) ​tax is placed on the sellers of the good.
B) ​tax is placed on the buyers of the good.
C) ​supply of the product is more elastic than the demand for the good.
D) ​demand for the product is more elastic than the supply of the good.