9. If the government plans to reduce the tax on a good for which the supply is relatively elastic
and the demand is relatively inelastic,
(A) buyers of the good will enjoy most of the benefit of the tax reduction.
(B) sellers of the good will enjoy most of the benefit of the tax reduction.
(C) buyers and sellers will each enjoy 50 percent of the benefit of the tax reduction.
(D) both equilibrium price and quantity will decrease.