The Price Elasticities of Supply and Demand Affect

Multiple Choice

The price elasticities of supply and demand affect

A) both the size of the deadweight loss from a tax and the tax incidence.
B) the size of the deadweight loss from a tax but not the tax incidence.
C) the tax incidence but not the size of the deadweight loss from a tax.
D) neither the size of the deadweight loss from a tax nor the tax incidence.