Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?

a small deadweight loss and the burden of the tax would fall on the renter

a large deadweight loss and the burden of the tax would fall on the landlora

a large deadweight loss and the burden of the tax would fall on the renter.

a small deadweight loss and the burden of the tax would fall on the landlord

Since the supply of undeveloped land is relatively inelastic a tax on

1.	Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?
A.	a small deadweight loss and the burden of the tax would fall on the renter
B.	a large deadweight loss and the burden of the tax would fall on the landlora
C.	a large deadweight loss and the burden of the tax would fall on the renter.
D.	a small deadweight loss and the burden of the tax would fall on the landlord
Answer» E.