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-To Help Pay for the Cost of Sport Related Injuries

Question 251

Multiple Choice

-To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. The deadweight loss created by this tax would be greater than shown in the figure above if A) the demand were more elastic. B) the supply were more elastic. C) neither of the above. D) both A and B above.
-To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. The deadweight loss created by this tax would be greater than shown in the figure above if


A) the demand were more elastic.
B) the supply were more elastic.
C) neither of the above.
D) both A and B above.

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