question archive If a government wants to raise as much revenue as possible with a sales tax, it should target a market with: A

If a government wants to raise as much revenue as possible with a sales tax, it should target a market with: A

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If a government wants to raise as much revenue as possible with a sales tax, it should target a market with:

A. high price elasticity of demand and high price elasticity of supply.

B. low price elasticity of demand and high price elasticity of supply.

C. high price elasticity of demand and the low price elasticity of supply.

D. low price elasticity of demand and the low price elasticity of supply

Option 1

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