Figure 3. 16 12 S. PRICE Demand 40 80 105 120 160 QUANTITYC. DIV.SO d. $12.00 7. Refer to Figure 3. How is the burden of the tax shared between buyers and sellers? Buyers bear a. three-fourths of the burden, and sellers bear one-fourth of the burden. b. two-thirds of the burden, and sellers bear one-third of the burden. C one-half of the burden, and sellers bear one-half of the burden. d. one-fourth of the burden, and sellers bear three-fourths of the burden