Suppose the absolute value of the price elasticity of demand for Harley Davidson motoreycles is 4. 04, While the price elasticity of supply for Harley Davidson motorcycles is 0. 22. If the federal government reinstates luxury tax on high-end motorcycles, Who will pay more of the tax?
A) It's impossible to tell without additional information.
B) Motorcycle buyers will pay more.
C) Motorcycle builders and buyers will pay equally.
D) Motorcycle builders will pay more.