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Taya2010 [7]
3 years ago
13

The net cost to society from the imposition of a tax is also known as:

Business
1 answer:
solmaris [256]3 years ago
8 0
It is also known as the DEAD WEIGHT LOSS. Dead weight loss refers to the harm and the distortions caused to the economy as a result of imposition of tax. Economic efficiency and production are the ones that are typically most affected. Dead weight loss prevents attainment of equilibrium for a product or service.  
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