Explain conceptually how part of a tax comes out of consumer surplus, while some comes out of producer surplus. How is this distinct from how much consumers lose to deadweight loss?

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter8: Application: The Cost Of Taxation
Section8.2: The Determinants Of The Deadweight Loss
Problem 2QQ: The demand for beer is more elastic than the demand for milk. Would a tax on beer or a tax on milk...
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Explain conceptually how part of a tax comes out of consumer surplus, while some comes out of producer surplus. How is this distinct from how much consumers lose to deadweight loss

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When a tax is imposed on a market, it affects both consumers and producers, with the tax burden falling partly on each.

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