The efficiency loss of imposing an excise tax is due to: a. Paying a higher price per
Question:
The efficiency loss of imposing an excise tax is due to:
a. Paying a higher price per unit.
b. Producing and consuming fewer units.
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Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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