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When Evaluating the Size of the Deadweight Loss Due to a Tax,what

Question 195

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When evaluating the size of the deadweight loss due to a tax,what do we know


A) the greater the elasticities of supply and demand, the greater the deadweight loss
B) the smaller the elasticities of supply and demand, the greater the deadweight loss
C) the smaller the decrease in both quantity demanded and quantity supplied, the greater the deadweight loss
D) the greater the elasticities of supply and demand, the smaller the deadweight loss

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