Consider the Market for Purple Magic Markers

Consider the market for purple magic markers. The demand for purple magic markers is perfectly elastic and the supply curve is upward- sloping. If sellers of purple magic markers are taxed $1 per marker, how will the tax be divided between the buyer and seller?

A) The buyers will pay the entire tax.
B) The tax will be evenly divided between the sellers and buyers.
C) The sellers will pay the entire tax.
D) More information is needed to determine how the tax will be split.