Question
7. Imagine that you want to go on a trip to a concert in your city. A ticket to the concert costs $120 and you
7. Imagine that you want to go on a trip to a concert in your city. A ticket to the concert costs $120 and you value this concert at $130. But before purchasing your ticket, entertainment taxes rise enough to bring up the price of the ticket to $135. In this situation, the deadweight loss?
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Mostly Harmless Econometrics An Empiricist's Companion
Authors: Joshua Angrist
1st Edition
1400829828, 9781400829828
