Economy, asked by kevinbiju14, 5 months ago

Explain why the efficiency loss from a tax is roughly quadratic in the tax rate.? (150 words needed please urgent)​

Answers

Answered by prakashkkaladindi
3

Explanation:

An efficiency loss

Deadweight loss, also known as excess burden, is a measure of lost economic efficiency when the socially optimal quantity of a good or a service is not produced.

Answered by Anonymous
2

Answer:

mark the above as brainliest

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