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2. What is the impact of both consumer and producer surplus when a good is taxed? What is a deadweight loss?

2006-11-24 00:15:29 · 2 answers · asked by kichsa 1 in Social Science ➔ Economics

2 answers

Tax will reduce consumer surplus by increasing the price of the good.

2006-11-24 01:18:00 · answer #1 · answered by MBK 7 · 0⤊ 0⤋

why do people answer questions like this? do your own homework

2006-11-24 02:22:28 · answer #2 · answered by mr. me 3 · 0⤊ 1⤋

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