Use the following to answer question: 
-(Figure: Tax Incidence) Use Figure: Tax Incidence.All other things unchanged,when a good or service is characterized by a relatively elastic demand,as shown in panel _____,the greater share of the burden of an excise tax on it is borne by _____.
Definitions:
Professional Development
Ongoing learning and training activities that individuals engage in to enhance their skills, knowledge, and competencies for career advancement.
Economies of Scale
Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
Matrix Structure
An organizational design that combines two or more types of structures, typically functional and product-based, to leverage the advantages of both.
Functional Manager
is a manager who has authority over a specific department or unit within an organization, specializing in a particular function such as marketing or finance.
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