Which statement about the burden of a tax is correct?

1. A Option A: The burden of a tax on a good consumers see as a necessity will fall most heavily on the sellers
2. B Option B: The burden of a tax falls on the side of the market (buyers or sellers) from which it is collected
3. C Option C: The distribution of the burden of a tax is determined by the relative elasticities of supply and demand, not by legislation
4. D Option D: The tax burden falls most heavily on the side of the market (buyers or sellers) that is most willing to leave the market when price movements are unfavourable

Answer checked 11 October 2026 · How we write and check questions