Question: Imposing the tax on goods create deadweight loss (DLS) while dividing up the tax revenue and giving it back as subsidies to all of them

Imposing the tax on goods create deadweight loss (DLS) while dividing up the tax revenue and giving it back as subsidies to all of them equally can eliminate DLS. is it true or not, please provide the graph to show a relation.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

4 Files 12:47 PM Mon May 16 Insert Draw Layout Review View Unit 3Microec0nomics Name: ELASTICITY Use the space below to take notes during class. Elastic: Unit Elastic: Inelastic: Perfect...

Q:

Can you please help me answer two questions based on the readings below. 1 How would you contrast the mainstream economics view of consumer behavior in 9.3, with the demand curve in general, and also...

Q:

Assignment (Short-Answer and Algebraic Questions): (The numbers in square brackets give the breakdown of the points for various parts of each question. please explain your answers.) 1. This questions...

Q:

Assignment (Short-Answer and Algebraic Questions): (The numbers in square brackets give the breakdown of the points for various parts of each question. please explain your answers.) 1. This questions...

Q:

Utilizing the text book,pages 264-278. In paragraph (1) Identify one country that has a current and excessive Trade Surplus. Identify the products that are responsible for the Trade Surplus, you may...

Q:

Utilizing the text book,pages 264-278 In paragraph (1) Identify one country that has a current and excessive Trade Surplus. Identify the products that are responsible for the Trade Surplus, you may...

Q:

1)Widget Manufacturing has just completed a major change in its quality control (QC) process. Previously, QC inspectors had reviewed products at the end of each major process, and the company's 10 QC...

Q:

1)Widget Manufacturing has just completed a major change in its quality control (QC) process. Previously, QC inspectors had reviewed products at the end of each major process, and the company's 10 QC...

Q:

Hi there I could some help with this one I have bolded the question. Below that is some notes and resources to provide context and resource to help with explanation and answer. Again the question is...

Q:

Please create an excel spreadsheet with formulas for requirement 5 (pages 24-27)and requirement 6 (pages 28-31)only. Please submit in excel format. Both questions and answers are provided for...

Q:

Claim: 1 2 > 2 2 ; = 0.05. Sample statistics: s 1 2 = 44.6, n 1 = 16 and s 2 2 = 39.3, n 2 = 12 Test the claim about the difference between two population variances 1 2 and 2 2 at the level of...

Q:

Ali plc owns premises from which it provides a PC repair and maintenance service. There is a downturn in demand for the service, and it would be possible for Ali plc to carry on the business from...

Q:

Mike deposited $ 2 0 0 0 0 in a saving account in which interest is compounded continuously. The annual rate of interest is 6 . 5 % . How much does he have in this account after 1 3 years?

Q:

Case: In the United States, organ procurement organizations (OPOS), transplant centres, and the medical professions coordinate the organ donation process. The US government pays for this treatment...

Q:

A sequential application with a 20% part that must be executed sequentially, is required to be accelerated three-fold. How many CPUs are required for this task? How about five-fold speedup?

Q:

Using the techniques you learned, redesign your Critical Thinking Assignments from Module 2 to make them more complex. Be sure to create a new flowchart for both. Discuss the changes you made to the...

Q:

You are reviewing major competitors' net income over the past 5 year period, with a view to understanding and predicting trends in independent logistics specialist companies. Companies 2 and 3 are a...

Q:

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

Q:

7. What does it mean when we say that the words we use to denote a situation set limits on the solutions we can create at a later point?

Q:

8. Give examples from your own everyday life that the reference point you use has significance for the actions you take.

Q:

6. Give examples of when we give a situation a new name, the situation is perceived differently.