14.Compared to equilibrium, an effective price floor:

A. increases the quantity demanded and decreases the quantity supplied

B. decreases the quantity demanded with no change to the quantity supplied

C. increases the quantity demanded with no change to the quantity supplied

D. decreases the quantity demanded and increases the quantity supplied

15.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 low price elasticity of supply

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