14. Suppose the supply of unimproved land is relatively inelastic. A tax on unimproved land would generate

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14. Suppose the supply of unimproved land is relatively inelastic. A tax on unimproved land would generate a

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

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

c. large deadweight loss and the burden of the tax would fall on the landlord.

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

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