A tax on petrol is likely to ?
A. cause a greater deadweight loss in the long run when compared to the short run

B. generate a deadweight loss that is unaffected by the time period over which it is measured

C. cause a greater deadweight loss in the short run when compared to the long run.

D. None of these answers

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.