The price elasticities of supply and demand affect A. the tax incidence but not the size of the deadweight loss from a tax. B. both the size of the deadweight loss from a tax and the tax incidence. C. the size of the deadweight loss from a tax but not the tax incidence. D. neither the size of the deadweight loss from a tax nor the tax incidence.

B. both the size of the deadweight loss from a tax and the tax incidence

Explanation:

The price elasticities of demand & supply are : buyers' & sellers' - demand & supply responsiveness to price change.

On levy of indirect tax - whose burden can be shared between buyers & sellers ; it affects tax incidence & deadweight loss both :-

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explanation:

wheres the chart? so i can answer.