In which of the following cases will an increase in the tax rate most likely increase tax revenue?
A.The elasticity of demand is 3.3 and the elasticity of supply is 2.1.
B.The elasticity of demand is 3.3 and the elasticity of supply is 0.5.
C.The elasticity of demand is 0.2 and the elasticity of supply is 2.1.
D.The elasticity of demand is 0.2 and the elasticity of supply is 0.5.
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