Multiple Choice
If the government wants to raise tax revenue and shift most of the tax burden to the sellers it would impose a tax on a good with:
A) an elastic demand curve and an inelastic supply curve.
B) an inelastic demand curve and an elastic supply curve.
C) an inelastic demand curve and an inelastic demand curve.
D) an elastic demand curve and an elastic supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
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