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    Principles of Economics Study Set 8
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    Exam 8: Applications: The Costs of Taxation
  5. Question
    When a Good Is Taxed, the Deadweight Loss Is Larger
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When a Good Is Taxed, the Deadweight Loss Is Larger

Question 112

Question 112

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When a good is taxed, the deadweight loss is larger the more elastic are demand and supply.

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