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

Question

Xaibi Aslam · Accepted Answer

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

Xaibi Aslam · Answer

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

Xaibi Aslam · Answer

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

Xaibi Aslam · Answer

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

Question #49270