Figure 6-11

Figure 6-11. On the graph below, the shift of the supply curve from S₁ to S₂ represents the imposition of a tax on a good. On the axes, Q represents the quantity of the good and P represents the price.

-Consider Figure 6-11.Which of the following statements correctly characterizes the burden of the tax?

A) One-fourth of the burden falls on buyers and three-fourths of the burden falls on sellers.
B) One-third of the burden falls on buyers and two-thirds of the burden falls on sellers.
C) One-half of the burden falls on buyers and one-half of the burden falls on sellers.
D) Two-thirds of the burden falls on buyers and one-third of the burden falls on sellers.