The Amount of Deadweight Loss from Taxes Depends On

question 110

Multiple Choice

The amount of deadweight loss from taxes depends on:

• A)the price elasticity of demand and supply
• B)how much of the tax revenue the government plans to spend
• C)the product the government is planning to tax
• D)all of the above are correct

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Definitions:

Addicted

The state of being compulsively committed or habituated to a substance, thing, or activity, leading to physiological or psychological dependence.

Alcoholic

An individual who has a dependence on or addiction to alcohol, often characterized by an uncontrollable urge to drink.

Increased B State

This term appears to be fabricated or too specific without a widely recognized definition in scientific literature, so I'll say NO.

Aversive A State

Likely refers to an aversive state, a condition or situation that an organism seeks to avoid due to it being unpleasant or painful.