The total burden of a tax is $10,000 and the tax revenue from this tax is $8,000. The excess burden of this tax is

Name: The total burden of a tax is $10,000 and the tax revenue from this tax is $8,000. The excess burden of this tax is
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Quizplus · Accepted Answer

The excess burden of a tax is the difference between the total burden of the tax and the tax revenue collected. In this case, the total burden is $10,000 and the tax revenue is $8,000, so the excess burden is $10,000 - $8,000 = $2,000.

The Total Burden of a Tax Is $10,000 and the Tax