Econ question:

The government imposes a permit tax on producers for each unit produced Suppose the supply curve is upward sloping and the demand curve is downward sloping (as usual). The burden of the tax will always: 0 a Fall mainly on producers as they are the ones paying the tax to the government O b Fall on producers only as they are the ones paying the tax to the government 0 ct Be shared equally between producers and consumers 0 all Be shared by consumers and producers depending on the elasticity of supply and demand Oe. Fall on consumers only as the producers will raise the price