A tax on a good has a deadweight loss if a. the reduction in consumer and producer

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A tax on a good has a deadweight loss if

a. the reduction in consumer and producer surplus is greater than the tax revenue.

b. the tax revenue is greater than the reduction in consumer and producer surplus.

c. the reduction in consumer surplus is greater than the reduction in producer surplus.

d. the reduction in producer surplus is greater than the reduction in consumer surplus.

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Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

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Question Posted: Jan 27, 2024 11:01 PM

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A tax on a good has a deadweight loss if a. the reduction in consumer and producer

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Principles Of Microeconomics

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