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erma4kov [3.2K]
2 years ago
9

What is total surplus with a tax equal to?.

Business
1 answer:
Nadya [2.5K]2 years ago
8 0

Answer: decrease in the total economic welfare of society

Explanation:

Total surplus with a tax is equal to a decrease in the total economic welfare of society Assume that a tax is levied on a good and that the government uses the revenue to clean up lethal toxic waste that would cause irreparable harm to a large number of people.

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