Readers May Think You Are Unsure of Yourself If You

question 57

True/False

Readers may think you are unsure of yourself if you use self-conscious phrases such as I hope in your messages.

Understand the concept of deadweight loss and how taxes contribute to it.

Analyze the impact of taxes on market size and participant behavior.

Understand the difference in the economic effects of taxes imposed on buyers versus sellers.

Learn the relationship between elasticity of demand/supply and the deadweight loss from taxation.