The Elasticity of Demand for Gala Apples Is Relatively Elastic

question 241

Essay

The elasticity of demand for Gala apples is relatively elastic, so if a tax is levied on the consumers of Gala apples, the tax incidence:
A.is typically on consumers more than producers.
B.is typically on producers more than consumers.
C.is typically split equally between consumers and producers.
D.cannot be determined without more information.