Business
Business, 05.05.2020 05:40, breebree6929

In the absence of market failures, when the government taxes market participants, the effect is to move the market: Group of answer choices away from the competitive equilibrium, thereby enhancing social efficiency. closer to the competitive equilibrium, thereby enhancing social efficiency. closer to the competitive equilibrium, thereby reducing social efficiency. away from the competitive equilibrium, thereby reducing social efficiency.

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