If a $2 tax is imposed on shoe laces with a perfectly inelastic demand curve, the burden of the $2 tax will be borne
A) by producers alone.
B) by both consumers and producers equally.
C) mostly by producers but partially by consumers.
D) mostly by consumers but partially by producers.
E) by consumers alone.

answer: asdfghjkl,mnbv

step-by-step explanation:

the revenue of the fitness center, y, is the product of two factors: the number of members and the fee paid by each member. there are 320 members now, but number of members goes down by 10 for each $5 increase in fees, so if x is the number of $5 price increases then members is equal to (320 - 10x). since the fee is currently $45, and the fee increases by $5 for every price bump x, the fee is given by (45 + 5x). so, revenue y is given by y = (320 - 10x)(45 + 5x).