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orangepug605Lv1
28 Nov 2020
A tax on goods 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.
A tax on goods 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.
Mahe AlamLv10
20 Jan 2021
