In Which of These Cases Will the Tax Burden Fall

question 45

Multiple Choice

In which of these cases will the tax burden fall most heavily on sellers of the good?

• A) The demand curve is relatively steep and the supply curve is relatively flat.
• B) The demand curve is relatively flat and the supply curve is relatively steep.
• C) The demand curve and the supply curve are both relatively flat.
• D) The demand curve and the supply curve are both relatively steep.