All of the following occur whenever a government taxes a product except

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A tax on a product typically leads to a decrease in quantity consumed, an increase in price, and a situation where the marginal benefit exceeds the marginal cost. However, the idea that there will be no excess burden if the tax revenue offsets the deadweight loss is incorrect, as deadweight loss represents inefficiency that cannot be fully offset by tax revenue.

All of the Following Occur Whenever a Government Taxes a Product