Question
deadweight loss tends to be because of tax. Hence a subsidy always end up in a higher economic surplus. So the government should try not
deadweight loss tends to be because of tax. Hence a subsidy always end up in a higher economic surplus. So the government should try not to impose tax and should always provide a subsidy in the market. Do you agree? Use suitable market diagrams
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Local Consumption And Global Environmental Impacts Accounting, Trade-offs And Sustainability
Authors: Kuishuang Feng, Klaus Hubacek, Yang Yu
1st Edition
1317577272, 9781317577270
