The supply of apartments in New York City is inelastic, and the demand for apartments is elastic. The city introduces a tax on apartment rentals. When is the larger share of the tax paid by the landlord? Why does the government collect a large tax revenue? Question content area bottom Part 1 The more _______ the demand and the more _______ the supply of apartments, the larger is the share of the tax paid by the landlord. A. inelastic; elastic; B. inelastic; inelastic; C. elastic; inelastic; D. unit elastic; unit elastic E. elastic; elastic; Part 2 The government collects a large tax revenue because the tax ______ the number of apartments rented. A. increases by a relatively small amount B. does not change C. increases by a relatively large amount D. decreases by a relatively large amount E. decreases by a relatively small amount