Taxes cause deadweight losses because they
A. distort incentives to both buyers and sell...
Business, 11.04.2020 05:13, denaemarie02
Taxes cause deadweight losses because they
A. distort incentives to both buyers and sellers.
B. prevent buyers and sellers from realizing some of the gains from trade.
C. All of the other options are correct.
D. reduce the sum of producer and consumer surpluses by more than the amount of tax revenue.
Answers: 3
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