Business, 11.04.2020 05:13 denaemarie02
Taxes cause deadweight losses because they
A. distort incentives to both buyers and sellers.
B. prevent buyers and sellers from realizing some of the gains from trade.
C. All of the other options are correct.
D. reduce the sum of producer and consumer surpluses by more than the amount of tax revenue.
Answers: 3
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Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?
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Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.
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Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?
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Taxes cause deadweight losses because they
A. distort incentives to both buyers and sell...
A. distort incentives to both buyers and sell...
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