Suppose a Tax Is Imposed on the Sellers of Fast-Food

Multiple Choice

Suppose a tax is imposed on the sellers of fast-food French fries.The burden of the tax will

A) fall entirely on the buyers of fast-food French fries.
B) fall entirely on the sellers of fast-food French fries.
C) be shared equally by the buyers and sellers of fast-food French fries.
D) be shared by the buyers and sellers of fast-food French fries but not necessarily equally.