A tax on a commodity whose supply is perfectly inelastic is?

A tax on a commodity whose supply is perfectly inelastic is?
  • A.
    shifted completely on the consumer
  • B.
    completely borne by the supplier
  • C.
    dividend in the ratio 60;40 between the consumer and the supplier
  • D.
    divided half-and-half between the producer and the consumer
Correct Answer: Option B
Explanation
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