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which of the following statements about the relationship between elasticity and tax incidence are true ? choose one or more: a. when demand is more

which of the following statements about the relationship between elasticity and tax incidence are true ? choose one or more: 


a. when demand is more inelastic than supply, producers bear more of the incidence of a tax. 


b. if a tax is imposed on a good with a perfectly inelastic demand, then consumers bear the full incidence of the tax. 


c. the incidence of a tax depends on who the tax is placed on. 


d. a tax on a good for which both demand and supply are relatively inelastic will cause a relatively large transfer of welfare from consumers and producers to the government. 


e. when demand is more inelastic than supply, consumers bear more of the incidence of a tax.

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