Suppose That Nineteenth-Century Politicians Had Succeeded in Their Attempt to Impose

Multiple Choice

Suppose that nineteenth-century politicians had succeeded in their attempt to impose a "single tax"-a tax on suppliers of land (i.e., landlords) .Most of the economic burden of the tax would have been borne by

A) renters, because the demand for land is generally less elastic than its supply.
B) renters, because the demand for land is generally more elastic than its supply.
C) landlords, because the demand for land is generally less elastic than its supply.
D) landlords, because the demand for land is generally more elastic than its supply.