Explain in your own words why a gasoline tax whose proceeds are refunded to the consumer in

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Explain in your own words why a gasoline tax whose proceeds are refunded to the consumer in a lump- sum amount will nonetheless reduce the consumption of gasoline.

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Question Posted: Dec 12, 2014 10:20 AM

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Explain in your own words why a gasoline tax whose proceeds are refunded to the consumer in

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Because gasoline is relatively more expensive than oth...View the full answer

Microeconomics and Behavior

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