5. If the government wants to minimize the deadweight loss of taxation, which of the following items

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5. If the government wants to minimize the deadweight loss of taxation, which of the following items are good candidates for an excise tax? Why?

a. bottled water

b. prescription drugs

c. oranges

d. batteries

e. luxury cars

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Principles Of Microeconomics

ISBN: 9780393935769

1st Edition

Authors: Dirk Mateer, Lee Coppock

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