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If the tax on a good is increased from $0.15 per unit to $0.60 per unit, the deadweight loss from the tax

A) Remains constant.

B) Increases by a factor of 4.

C) Increases by a factor of 9.

D) Increases by a factor of 16.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91230593

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