When the government imposes an excise tax in a market:
A.consumer surplus falls.
B.producer surplus falls.
C.a deadweight loss is created.
D.consumer surplus falls, producer surplus falls, and a deadweight loss is created.

Question

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The Answer of When the government imposes an excise tax in a market:
A.consumer surplus falls.
B.producer surplus falls.
C.a deadweight loss is created.
D.consumer surplus falls, producer surplus falls, and a deadweight loss is created.

When the Government Imposes an Excise Tax in a Market