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Suppose the government is considering implemting a new excise tax (per-unit tax) as a way to generate more tax revenue. If the goal is to

Suppose the government is considering implemting a new excise tax (per-unit tax) as a way to generate more tax revenue. If the goal is to maximize tax revenue and minimize the DWL, the government should:

a. Impose the tax on a good that has a very inelastic demand (i.e., a steep demand curve)

b. Impse the tax on buyers

c. Impose the tax on sellers

d. Impose the tax on a good that has a very elastic demand (i.e., a flat demand curv

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