The Deadweight Loss from a Tax

question 44

Multiple Choice

The deadweight loss from a tax

• A)does not vary in amount when the price elasticity of demand changes.
• B)does not vary in amount when the amount of the tax per unit changes.
• C)is larger,the larger is the amount of the tax per unit.
• D)is smaller,the larger is the amount of the tax per unit.

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Definitions:

Night

The period from sunset to sunrise, characterized by darkness.

Bid

An abbreviation for "bis in die," which is Latin for twice a day; often used in medical prescriptions.

Pc

Personal Computer, a general-purpose electronic device designed to be used by an individual, typically for conducting tasks that require computing capability.

Sig

An abbreviation for "signatura" used in medical prescriptions, indicating the directions for the patient's use of the medication.