he demand for salt is price inelastic and the supply of salt is price elastic. The demand for caviar is price elastic and the supply of caviar is price inelastic. Suppose that a tax of $1 per kilogram is levied on the sellers of salt and a tax of $1 per kilogram is levied on the buyers of caviar. Who would we expect to have to pay most of these taxes?

Select one:

a.The buyers of salt and the sellers of caviar

b.The sellers of salt and the sellers of caviar

c.The buyers of salt and the buyers of caviar

d.The sellers of salt and the buyers of caviar