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andrew11 [14]
3 years ago
7

Suppose that policymakers are considering placing a tax on either of two markets. In Market A, the tax will have a significant e

ffect on the price consumers pay, but it will not affect equilibrium quantity very much. In Market B, the same tax will have only a small effect on the price consumers pay, but it will have a large effect on the equilibrium quantity. Other factors are held constant. In which market will the tax have a larger deadweight loss?
a. Market A
b. Market B
c. The deadweight loss will be the same in both markets.
d. There is not enough information to answer the question.
Business
1 answer:
slava [35]3 years ago
3 0

Answer:

The answer is: B) Market B

Explanation:

Deadweight loss refers to an economic loss caused by market inefficiencies.

Market inefficiencies occur when supply and demand are not in equilibrium. In market A, the tax will barely affect the equilibrium quantity, so the deadweight loss will not be as large as in market B where the equilibrium quantity will be severely affected.

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Explanation:

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People often make investments the health and wellness sector. This would be an example of foreign direct investment.

<h3>What is a foreign direct investment (FDI)?</h3>

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The 3 types of FDI are;

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2 years ago
Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of
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<span>Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of soup rises, the quantity of soup demanded decreases. This confirms the Law of Supply and Demand which states that the supply is inversely proportional to the demand. Simply speaking, whenever there is an increase in the price, the supplier tends to produce an excess supply even though the demand is low to generate a greater profit.</span>
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The office supports the _____ in a business through engaging sufficient staff to convince the public to purchase the goods and s
borishaifa [10]

Answer:

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Sorry, I don't know if this is correct or not, but I hope this answered your question. Have a nice day! ^ ^

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