uple Select question/it is worth 5 points/You have of tempts remaining/There is no attempt penalty 20 Question (5 points) page 1 17 2nd attempt See HE Which of the following statements about the relationship between elasticity and tax incidence are true? Choose one or more: O A. When demand is more inelastic than supply. producers bear more of the incidence of a tax B. The incidence of a tax depends on who the tax is placed on OC. 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. D. If a tax is imposed on a good with a perfectly inelastic demand, then consumers bear the full incidence of the tax. D E. When demand is more inelastic than supply.consumers bear more of the incidence of a tax 1st attempt