Multiple Choice
3D printing is an exciting new manufacturing technology that will allow producers to fabricate all kinds of items with a single, small, mobile printer. If the technology succeeds, we won't have as much need for large, immovable factories. What would be the result?
A) Governments would have a harder time raising revenue by taxing manufacturing.
B) The deadweight loss from taxing manufacturing would decrease.
C) The elasticity of demand for manufactured goods would increase.
D) Consumers would pay a smaller portion of the tax on manufactured goods.
Correct Answer:

Verified
Correct Answer:
Verified
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Q147: Use the following to answer questions:<br>Figure: Tax
Q148: Figure Subsidy Wedge <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3377/.jpg" alt="Figure Subsidy
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Q153: Use the following to answer questions:<br>Figure: Taxes
Q154: Use the following to answer questions:<br>Figure: Tax
Q155: Use the following to answer questions:<br>Figure: Tax