Imagine that you are a government official whose objective is to generate more tax revenue. In order to generate this additional revenue you are given two options. The first option is to raise the excise tax rate on elephant rides, a good with elastic demand. Your second option is to raise the excise tax rate on alcohol, a good with inelastic demand. Consider and draw the slope of the demand curves for elastic and inelastic goods. Decide which product you would like to raise the excise tax on in order to generate more tax revenue, based on the elasticity of demand for each good. Explain and draw the graph