Use Exhibit to answer question Price PB Po Ps B C Size of tax per unit F Supply Demand Quantity Which of the following is true with regard to the burden of the tax in Exhibit? a. The buyers pay a larger portion of the tax because demand is more elastic than supply. b. The sellers pay a larger portion of the tax because supply is more elastic than demand. c. The buyers pay a larger portion of the tax because demand is more inelastic than supply. d. The sellers pay a larger portion of the tax because supply is more inelastic than demand.

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