Table 8-1
​
​ ​
-Refer to Table 8-1

Multiple Choice

Table 8-1
​
​
$$\begin{array} { | c | c | } \hline \text { Market } & \text { Characteristic } \\\hline \text { A } & \text { Demand is very el astic relative to supply. } \\\hline \text { B } & \text { Demand is very inelastic relative to supply. } \\\hline \text { C } & \text { Supply is very elastic relative to demand. } \\\hline \text { D } & \text { Supply is very inel astic rel ative to demand. } \\\hline\end{array}$$ ​
-Refer to Table 8-1. Suppose the government is considering levying a tax in one or more of the markets described in the table. Which of the markets will allow the government to minimize the deadweight loss(es) from the tax?

A) Market A only
B) Markets A and C only
C) Markets B and D only
D) Market C only