Question: Under which circumstances would you expect there to be no deadweight loss when a per unit tax is put on producers? a. When the produced
Under which circumstances would you expect there to be no deadweight loss when a per unit tax is put on producers?
a. When the produced goods has many close substitutes
b. When the product being produced has a high level of demand
c. When demand is completely inelastic
d. When the elasticity of supply is equal to 1.
e. When producers split the tax evenly with consumers
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