| economics question please help?
Consider two markets, Market A and Market B. Demand for goods in Market A is more elastic than the demand for goods in Market B. The elasticity of supply in the two markets is the same at all quantities.
6.1. If the government imposes the same excise tax on both of these markets, which of the following statements will be true?
A. The efficiency loss (deadweight loss) in Market A will be smaller than the efficiency loss (deadweight loss) in Market B.
B. The efficiency losses (deadweight losses) in both markets will be equal.
C. None of these statements are true.
D. The efficiency loss (deadweight loss) in Market A will be larger than the efficiency loss (deadweight loss) in Market B. | 
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