In which of the following instances would the deadweight loss of the tax on cartons of cigarettes increase by a factor of 9?
A)The tax on cartons of cigarettes increases from $10 to $11.11.
B)The tax on cartons of cigarettes increases from $10 to $20.
C)The tax on cartons of cigarettes increases from $10 to $30.
D)The tax on cartons of cigarettes increases from $10 to $90.

Question

Quizplus · Accepted Answer

The Answer of In which of the following instances would the deadweight loss of the tax on cartons of cigarettes increase by a factor of 9?
A)The tax on cartons of cigarettes increases from $10 to $11.11.
B)The tax on cartons of cigarettes increases from $10 to $20.
C)The tax on cartons of cigarettes increases from $10 to $30.
D)The tax on cartons of cigarettes increases from $10 to $90.

In Which of the Following Instances Would the Deadweight Loss