- 2 Why Do Taxes Create Deadweight Loss In Otherwise Efficient Markets Using Diagram S Explain How Does The Elasticity 1 (15.81 KiB) Viewed 32 times
2. Why do taxes create deadweight loss in otherwise efficient markets? Using diagram(s), explain how does the elasticity
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2. Why do taxes create deadweight loss in otherwise efficient markets? Using diagram(s), explain how does the elasticity
2. Why do taxes create deadweight loss in otherwise efficient markets? Using diagram(s), explain how does the elasticity of demand and supply affect the incidence of taxation?