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p D Question 38 2 pts Imagine a market for flowers. A government imposes a $2 per unit (per bouquet) sales tax on this market.

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p D Question 38 2 pts Imagine a market for flowers. A government imposes a $2 per unit (per bouquet) sales tax on this market. An economist says that this tax would cause a deadliveight loss Your 12 year old brother does not understand what that means. Explain in your own words what a deadweight loss of such a tax would mean in this market and how it would relate to economic efficiency. (Be clear and concrete in your answer and remember that you are explaining this economic concept to a child. Define terms when needed.) This question is worth 2 points. Important: Make sure you use your own words to answer the question. Answers lifted straight from the textbook or another source wil get you a score of zero and may be treated as an instance of academic dishonesty which can lead to zero score from the exam and/or other penalties. See Academic Integrity section on the Syllabus (You can use the definitions of concepts from the textbook.) ormat Tools Table EVEVS T? V

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