If a tax is levied on the sellers of sugar,then

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When a tax is levied on the sellers of sugar, the price of sugar increases, and buyers will have to pay more. This reduces the quantity of sugar demanded as some consumers may switch to substitutes or reduce their consumption of sugar altogether. As demand for sugar falls, the suppliers, in this case, the sellers, will also experience a reduction in revenue. Therefore, both buyers and sellers will share the burden of the tax. However, the incidence of the tax will depend on the price elasticity of demand and supply. If demand is more elastic than supply, buyers will bear a larger share of the tax burden, and vice versa.

If a Tax Is Levied on the Sellers of Sugar,then