A tax on cigarettes:
A) increases total surplus.
B) increases efficiency in the market.
C) will increase both total surplus and efficiency in the market.
D) like any tax, will always reduce surplus and efficiency in markets.

Question

Quizplus · Accepted Answer

The Answer of A tax on cigarettes:
A) increases total surplus.
B) increases efficiency in the market.
C) will increase both total surplus and efficiency in the market.
D) like any tax, will always reduce surplus and efficiency in markets.

A Tax on Cigarettes