Suppose a Tax of $1 Per Unit Is Imposed on a Good.The

Multiple Choice

Suppose a tax of $1 per unit is imposed on a good.The more elastic the demand for the good,other things equal,

A) the larger is the decrease in quantity demanded as a result of the tax.
B) the smaller is the tax burden on buyers relative to the tax burden on sellers.
C) the larger is the deadweight loss of the tax.
D) All of the above are correct.