Multiple Choice
A tax that creates an excess burden may nevertheless improve efficiency if
A) consumption of the good has been generating beneficial externalities.
B) consumption of the good has been generating no externalities.
C) consumption of the good has been generating detrimental externalities.
D) the good has been supplied by a monopolist.
Correct Answer:
Verified
Correct Answer:
Verified
Q29: Since the end of World War II,
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