Can you help me with the question below? Assume that Congress passes a new per‐unit tariff on imported sugar. Suppose that the price elasticity of the demand for sugar is 0.5 and the supply of sugar is perfectly elastic. Holding all else constant, the majority of the tax burden is likely to be borne by: A) Producers B) Consumers C) It will be equally split by producers and consumers D) It depends on how high the tariff is E) It depends on how much people like sugar

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A: Disclaimer :-  as you posted Multipart questions we only can solve first 3 questions only as per…