When a tax is imposed, the surplus that is lost and not converted to tax revenue is:
A) deadweight loss.
B) value that disappears.
C) not transferred to anyone else.
D) All of these are true.
Correct Answer:
Verified
Q25: Deadweight loss as a result of taxation
Q26: The total amount of surplus lost due
Q27: The difference between the loss of surplus
Q28: How much deadweight loss a tax causes
Q29: In order to minimize deadweight loss generated
Q31: How much deadweight loss a tax causes
Q32: Deadweight loss is minimized when a tax
Q33: When a tax is imposed, the surplus
Q34: Part of the surplus lost to market
Q35: A lump-sum tax:
A)charges the same amount to
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