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Business, 17.04.2020 05:05 haydenamrhein1693

Taxes cause deadweight losses because they A. lead to losses in surplus for consumers and for producers that, when taken together, exceed tax revenue collected by the government. B. distort incentives to both buyers and sellers. C. prevent buyers and sellers from realizing some of the gains from trade. D. All of the above are correct.

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Taxes cause deadweight losses because they A. lead to losses in surplus for consumers and for produc...
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