The Excess Burden of an Excise Tax

question 30

Multiple Choice

The excess burden of an excise tax

• A)is the price the consumer must pay above the free-market price.
• B)reflects the allocative efficiency of the tax.
• C)is the deadweight loss created by the tax.
• D)is the administrative cost of collecting the tax.
• E)is the total cost imposed on the producer by the tax.

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