At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
The deadweight loss that results from the tax measures the economic loss that is caused by a new tax.
What is deadweight loss?
Deadweight loss of taxation simply measures the overall economic loss caused by a new tax on a product or service.
The deadweight loss analyses the decrease in production as well as the decline in demand that is caused by the imposition of a tax. In this case, it is a lost opportunity cost.
Learn more about tax on:
https://brainly.com/question/25783927
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.
