Suppose the price of a bottle of soda is $2.00 and the govenment imposes a 50-cent tax on it. What is the likely effect of the tax?

a.The price (not including the tax) falls by less than 50 cents.

b.The price (including the tax) rises by less than 50 cents.

c.The buyers and the sellers share the burden of the tax.

d.All of the above