In preparing its August 31, 2020 bank reconciliation, Crane Company has available the following information: Balance per bank statement, 8/31/20 $25710 Deposit in transit, 8/31/20 3410 Return of customer's check for insufficient funds, 8/30/20 580 Outstanding checks, 8/31/20 2800 Bank service charges for August 110 At August 31, 2020, Crane's correct cash balance is

Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic. b. a tax burden falls more heavily on the side of the market that is less elastic. c. a tax burden falls more heavily on the side of the market that is closer to unit elastic. d. a tax burden is distributed independently of the relative elasticities of supply and demand.