Cadenc1876 Cadenc1876
  • 25-02-2019
  • Business
contestada

The efficiency loss of a tax is the net benefit society gives up because

Respuesta :

sandekaitlin sandekaitlin
  • 25-02-2019

consumption and production of the taxed product are reduced below the level of allocative efficiency which would occur without the tax.

Answer Link

Otras preguntas

The due process clause of the fifth amendment is best described as a(n) ________. a. substantive civil liberty b. delegated power c. procedural civil l
The mathematics faculty at a college consists of 1111 ​professors, 1212 associate​ professors, 77 assistant​ professors, and 44 instructors. if one faculty memb
The sampling method where every item in the population has an equal probability of being selected is called:
Cydney is proving that perpendicular lines have slopes that are opposite reciprocals. She draws line p and labels two points on the line as (0, a)(0, a) and (b,
Who is in an unhealthy relationship?
Evaluate the sine, cosine, and tangent of the angle without using a calculator. θ = − 10π 3
was a curse put on ham, Noah's youngest son?
"how does blood flow through the pulmonary circulation"
In your own words, explain why laws cannot become theories. Include one example to support your response.
Give a definition of a verb