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Student06 Student06
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A year ago
In an otherwise efficient market, an excise tax causes ________ because it distorts the relationship between ________.

▸ allocative inefficiency; prices and marginal costs

▸ productive inefficiency; costs and output

▸ market inefficiencies; prices of similar goods

▸ allocative inefficiency; pre-tax price and the tax price

▸ voter resentment; income and ability to pay
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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mkql12mkql12
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A year ago
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Student06 Author
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A year ago
Helped a lot
fgarza2146
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Yesterday
this is exactly what I needed
jamiebonf99
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2 hours ago
Thanks
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