Figure: Two Demand Curves 
In the figure, demand curve _____ is the least elastic demand curve, and the lost gains from trade because of a tax are greater with demand curve _____.
Definitions:
Incidence
Of a tax, a measure of who really pays a tax.
Deadweight Loss
A loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved.
Tax
A financial charge or levy imposed by a government or other authority to fund public expenditures.
Tax Burden
The measurement of how much of a tax's economic weight falls on an individual or economic entity, including both the direct and indirect effects.
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