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product Is less elastic than When the demand is more elastlc.' This For a given supply curve. the excess burden of a tax will be

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product Is less elastic than When the demand is more elastlc.' This "For a given supply curve. the excess burden of a tax will be greater when the demand for a statement ls O A. correct. 0 B. incorrect because the incidence of the tax. not the burden of the tax. is affected by the elasticity of demand. 0 C. incorrect When demand is less elastic. the burden of the tax is smallerthan when the demand is more elastic. O D. incorrect. The statement confuses demand with quantity demanded

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