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Question 50

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Use the following to answer question: Use the following to answer question: -(Figure: A Market with a Tax) Use Figure: A Market with a Tax.The efficiency loss resulting from this tax is: A) (P<sub>1</sub> - P<sub>3</sub>) Q<sub>2</sub>. B) (P<sub>1</sub> - P<sub>2</sub>) Q<sub>1</sub> C) 0.5(P<sub>1</sub> - P<sub>3</sub>) (Q<sub>2</sub> - Q<sub>1</sub>) . D) 0.5(P<sub>1</sub> - P<sub>3</sub>) Q<sub>1</sub>.
-(Figure: A Market with a Tax) Use Figure: A Market with a Tax.The efficiency loss resulting from this tax is:


A) (P1 - P3) Q2.
B) (P1 - P2) Q1
C) 0.5(P1 - P3) (Q2 - Q1) .
D) 0.5(P1 - P3) Q1.

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