Multiple Choice
For a given elasticity of demand,the less elastic the supply,the
A) larger the deadweight loss from a tax.
B) larger the share of a tax paid by the sellers.
C) greater the burden on the government from a tax.
D) greater is the excess burden from a tax.
E) larger the share of a tax paid by the buyers.
Correct Answer:

Verified
Correct Answer:
Verified
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