According to the source, when demand for a taxed good is more inelastic than its supply, who ends up bearing most of the tax burden?

1. Tax incidence describes how the burden of a tax splits between buyers and sellers. 2. The side of the market that is more inelastic bears more of the tax burden. 3. When demand is more inelastic than supply, that means consumers bear most of the burden. 4. The government collects the tax revenue but is not itself a bearer of the tax incidence described here. _Source: OpenStax Principles of Microeconomics for AP Courses (CC BY 4.0), Ch 5 "Elasticity", section 5.3 | Elasticity and Pricing_