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:
A. flat (elastic) demand curve and a steep (inelastic) supply curve.
B. steep (inelastic) demand curve and a flat (elastic) supply curve.
C. steep (inelastic) demand curve and steep (inelastic) demand curve.
D. flat (elastic) demand curve and a flat (elastic) supply curve.
Answer: A
Economics
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