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  3. Study Set
    Principles of Microeconomics
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    Exam 8: Application: the Costs of Taxation
  5. Question
    Which Term Refers to the Loss in Total Surplus Resulting
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Which Term Refers to the Loss in Total Surplus Resulting

Question 109

Question 109

Multiple Choice

Which term refers to the loss in total surplus resulting from a tax


A) market loss
B) economic loss
C) deadweight loss
D) efficiency loss

Correct Answer:

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