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jack103106 jack103106
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A year ago
The direct burden of a tax is ________. The excess burden reflects the ________.

▸ the deadweight loss of the tax; the inefficiency of the tax

▸ the costs of administering the tax; amount paid by taxpayers in excess of the free-market price.

▸ the costs of administering the tax; the amount paid by taxpayers

▸ the amount paid by taxpayers; the amount paid by taxpayers in excess of the free-market price.

▸ the amount paid by taxpayers; allocative inefficiency of the tax
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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studyinnursestudyinnurse
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