English, asked by nehagupta0672, 3 months ago

2. Marginal social scarifice of taxation
increase as the revenue collected by
the government from the taxes
becomes​

Answers

Answered by DIMPU244
0

Marginal Social Sacrifice (MSS):

Every unit of tax imposed by the government taxes result in loss of utility. ... Eventually every additional unit of taxation creates greater amount of impact and greater amount of sacrifice on the society. That is why the marginal social sacrifice goes on increasing.

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