Other Things Being Equal, the More Elastic Demand Is

Multiple Choice

Other things being equal, the more elastic demand is:

A) ​the lower the deadweight loss is resulting from the imposition of a particular tax on a product.
B) ​the greater the deadweight loss is resulting from the imposition of a particular tax on a product.
C) ​the greater the fraction is of the burden of the tax borne by consumers.
D) ​the greater the tax revenue collected by the government is.