Price elasticities of demand and supply will not play a major role in determining which of the following?
A.the ability of policy makers to change consumption of a good via the imposition of an excise tax
B.the deadweight loss arising from the imposition of an excise tax
C.the burden of the tax on consumers and producers
D.administrative costs of imposing an excise tax

Question

Quizplus · Accepted Answer

The Answer of Price elasticities of demand and supply will not play a major role in determining which of the following?
A.the ability of policy makers to change consumption of a good via the imposition of an excise tax
B.the deadweight loss arising from the imposition of an excise tax
C.the burden of the tax on consumers and producers
D.administrative costs of imposing an excise tax

Price Elasticities of Demand and Supply Will Not Play a Major