10. If the labour supply curve is nearly flat, what will a tax on labour do? a. have a large deadweight loss b. raise small amounts of tax revenue c. have little impact on the amount of work workers are willing to do d. shift the labour demand curve to the right
10. If the labour supply curve is nearly flat, what will a tax on labour do? a. have a large deadweight loss b. raise small amounts of tax revenue c. have little impact on the amount of work workers are willing to do d. shift the labour demand curve to the right
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![10. If the labour supply curve is nearly flat, what will a tax on labour do?
a. have a large deadweight loss
b. raise small amounts of tax revenue
c. have little impact on the amount of work workers are willing to do
d. shift the labour demand curve to the right](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7acb670b-0234-441a-bdfb-d988a30e5e79%2Fa3ba7e45-4c49-4afc-ad97-bb90e7700a7e%2Fia3q798_processed.jpeg&w=3840&q=75)
Transcribed Image Text:10. If the labour supply curve is nearly flat, what will a tax on labour do?
a. have a large deadweight loss
b. raise small amounts of tax revenue
c. have little impact on the amount of work workers are willing to do
d. shift the labour demand curve to the right
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