Figure 6-33 The diagram shows the effect of a tax as measured by the distance between J and K. Refer to Figure 6-33. Based upon the diagram, a. more of the incidence of the tax is on sellers, since supply is more inelastic than demand. b. more of the incidence of the tax is on sellers, since the demand curve is less elastic than is the supply curve . c. more of the incidence of the tax is on buyers, since supply is more inelastic than demand. d. more of the incidence of the tax is on buyers, since the demand curve is more elastic than the supply curve