A tax on a ~ood has a deadweight loss if a. the reduction in consumer and producer surplus isgreater than the tax revenue.h. the tax revenue is greater than the reduction inconsumer and producer surplus.r.. the reduction in consumer surPlus is $!reater thanthe reduction in producer surplus.d. the reduction w prOducer surplus is greater thanthe reduction in consumer surotus.

A tax on a ~ood has a deadweight loss if a. the reduction in consumer and producer surplus isgreater than the tax revenue.h. the tax revenue is greater than the reduction inconsumer and producer surplus.r.. the reduction in consumer surPlus is $!reater thanthe reduction in producer surplus.d. the reduction w prOducer surplus is greater thanthe reduction in consumer surotus.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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