Lump-sum taxes do not prevent prices from equaling the marginal social cost and benefit of any goods and services.
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Q12: If a $10 per unit tax is
Q13: A lump-sum tax can distort prices and
Q14: If the compensated elasticity of supply of
Q15: A study indicates that taxes in the
Q16: If the market supply of labor services
Q18: If the tax on the sale of
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Q20: A payroll tax results in a difference
Q21: If the price elasticity of supply of
Q22: Other things being equal, the more inelastic
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