11.
Once again consider the graph to the right. The imposition of this tax leads to inefficiency in the form of
excess burden
or
deadweight loss
. The value of the
excess burden
or
deadweight loss
due to this tax is:
$125
$250
$312.5
$437.5
$875
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11. Once again consider the graph to the right. The imposition of this tax leads to inefficiency in the form of excess burden or deadweight loss. The value of the excess burden or deadweight loss due to this tax is:
