If the goal of government is to raise revenue, it is most effective when:?

a) demand is elastic.


b) supply is elastic.


c) supply is inelastic.


d) demand is unit elastic.

If the goal of government is to raise revenue, it is most effective when:?
supply is inelastic





The ability to tax what they want given the demand inelastic also.





Im saying thisbecause, gasoline for example. We can only cut back so much. We hit a low, where NO LESS can be purchased. If the good or services being sold was inelastic and near that level, it can be taxes as heavily as possible.





I believe at one time in america, tax on individuals income or goods hit as high as 95%.








*im just guessing