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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.8
Which of the following describes the deadweight loss associated with an excise tax?
The additional tax revenue collected by the government
The lost surplus due to reduced consumer and producer surplus
The surplus gained by consumers from lower prices
The increase in production costs for firms
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AP Microeconomics - 2.8 The Effects of Government Intervention in Markets
Key terms
Deadweight Loss
Excise Tax
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About Us
About Fiveable
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Careers
Testimonials
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Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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