Business, 06.11.2019 04:31 leapfroggiez

When a tax is imposed in a market for a good, deadweight loss occurs because
a. the tax discourages mutually advantageous trades between buyers and sellers
b. the resulting tax revenue exceeds the loss in total surplus.
c. buyers continue to buy the same amount of the good despite the higher after-tax price
d. the demand and supply for most goods are inelastic.

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When a tax is imposed in a market for a good, deadweight loss occurs because
a. the tax discou...

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