Assume the elasticity of supply is the same for shoes and blue jeans, and they have the same equilibrium price and quantity. Which of the following statements is correct if the government imposes the same tax size on shoes and blue jeans? Question 25 Answer a. If the demand for shoes is more elastic of the two, consumers lose more economic benefits in shoes. b. If the elasticity of demand is the same for shoes and blue jeans, consumers lose more economic benefits in shoes. c. If the demand for blue jeans is more inelastic of the two, consumers lose less economic benefits in blue jeans. d. If the demand for shoes is more inelastic of the two, consumers lose more economic benefits in shoes