If the government imposes an excise tax in a market in which the demand curve is perfectly inelastic, the burden of the tax will fall completely on the , and the deadweight loss
will equal _.
A.consumers; zero
B.producers; zero
C.consumers; the government's tax revenue
D.producers; the government's tax revenue

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The Answer of If the government imposes an excise tax in a market in which the demand curve is perfectly inelastic, the burden of the tax will fall completely on the , and the deadweight loss
will equal _.
A.consumers; zero
B.producers; zero
C.consumers; the government's tax revenue
D.producers; the government's tax revenue

If the Government Imposes an Excise Tax in a Market