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Excise taxes are sometimes referred to as sin taxes when applied to products such as alcohol and cigarettes. Using the concepts of elasticity of demand

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Excise taxes are sometimes referred to as "sin taxes" when applied to products such as alcohol and cigarettes. Using the concepts of elasticity of demand and supply, explain how we could determine whether it is the consumer or the producer that is bearing the burden of such a tax. Since products such as alcohol and cigarettes can be addictive, if a tax is imposed on the sales of cigarettes or alcohol, most of the tax will most likely be paid by the O A. producers, since the demand is inelastic relative to supply. O B. consumers, since the demand is inelastic relative to supply. O C. producers, since the supply is inelastic relative to demand. O D. consumers, since the supply is inelastic relative to demand

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