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Loraine Loraine
wrote...
Posts: 4563
9 years ago
A sales tax creates a deadweight loss because
A) there is some paper work opportunity cost of sellers paying the sales tax.
B) demand and supply both decrease.
C) less is produced and consumed.
D) citizens value government goods less than private goods.
E) the government spends the tax revenue it collects.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 192 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Top Poster
Posts: 3807
8 years ago
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Loraine Author
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9 years ago
Smart ... Thanks!
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Yesterday
This helped my grade so much Perfect
Mcb
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2 hours ago
Correct Slight Smile TY
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