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    Microeconomics
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    Exam 19: Distortionary Taxes and Subsidies
  5. Question
    Regardless of Whether Goods Are Inferior or Normal, the Deadweight
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Regardless of Whether Goods Are Inferior or Normal, the Deadweight

Question 1

Question 1

True/False

Regardless of whether goods are inferior or normal, the deadweight loss from a per-unit tax is always greater the more price elastic the market demand curve for a good.

Correct Answer:

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