When a tax is imposed,some of the lost surplus becomes tax revenues and the rest is:
A) transferred to consumers.
B) transferred to producers.
C) transferred to recipients of government services.
D) simply lost.
Correct Answer:
Verified
Q23: Part of the surplus lost to market
Q24: When a tax is imposed and some
Q26: The total amount of surplus lost due
Q26: Considering a given increase in price due
Q27: The difference between the loss of surplus
Q29: A tax in an efficient market:
A) increases
Q30: The deadweight loss a tax causes depends
Q32: Deadweight loss as a result of taxation
Q33: When a tax is imposed, the surplus
Q33: One cost associated with taxes is the:
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