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Author Question: The sum of the revenue collected by the tax and the excess burden created by the tax is the (Read 70 times)

hbsimmons88

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Question 1

A tax on ________ would impose the smallest excess burden on an individual.


◦ an Egg McMuffin
◦ all McDonald's breakfast sandwiches
◦ all fast food breakfast sandwiches
◦ all fast food sandwiches

Question 2

The sum of the revenue collected by the tax and the excess burden created by the tax is the


◦ gross revenue.
◦ tax incidence.
◦ total tax burden.
◦ deadweight loss.


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Marked as best answer by hbsimmons88 on Apr 19, 2019

ErinKing

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hbsimmons88

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Reply 2 on: Apr 19, 2019
Gracias!


isabelt_18

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Reply 3 on: Yesterday
Wow, this really help

 

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