suppose both supply and demand in a market are relatively inelastic will a tax placed on the product in market generate a relatively large or small deadweight loss why 15 marks q 2 if the world price of a good exceeds the domestic price of the

suppose both supply and demand in a market are relatively inelastic will a tax placed on the product in market generate a relatively large or small deadweight loss why 15 marks q 2 if the world price of a good exceeds the domestic price of the