In Which of the Following Instances Would the Deadweight Loss

question 33

Multiple Choice

In which of the following instances would the deadweight loss of the tax on cartons of cigarettes increase by a factor of 9?

• A)The tax on cartons of cigarettes increases from $10 to $11.11.
• B)The tax on cartons of cigarettes increases from $10 to $20.
• C)The tax on cartons of cigarettes increases from $10 to $30.
• D)The tax on cartons of cigarettes increases from $10 to $90.

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Definitions:

Paired Structures

Structures in biology, architecture, or other fields that occur or function in pairs, often symmetrically.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of deoxyribonucleic acid (DNA).

Basic Units

The fundamental components or building blocks of a system, structure, or theory.

Chromosomes

Structures within cells that contain DNA and carry genetic information for the development and functioning of living organisms.