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Business, 08.04.2021 23:50 AmbitiousAndProud

Although governments can collect tax revenue in the form of a per unit tax on output, this creates inefficiency known as deadweight loss because . Select the correct answer below: the price consumers pay and producers receive is identical to the equilibrium price governments use this tax revenue to increase spending which creates an incentive for business to produce governments force consumers to pay higher prices the market is no longer in equilibrium

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Although governments can collect tax revenue in the form of a per unit tax on output, this creates i...
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