Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?

Taxation 11/02/2024

A. a small deadweight loss and the burden of the tax would fall on the renter
B. a large deadweight loss and the burden of the tax would fall on the landlora
C. a large deadweight loss and the burden of the tax would fall on the renter.
D. a small deadweight loss and the burden of the tax would fall on the landlord

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