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Exhibit 7-13 -Refer to Exhibit 7-13. There Is No Deadweight Loss as Deadweight

Question 94

Multiple Choice

Exhibit 7-13 Exhibit 7-13   -Refer to Exhibit 7-13. There is no deadweight loss as a result of a tax of $10 per unit on producers if A) a minimum price of $50 is established by the government. B) the government requires production of 700 units. C) a consumer-paid tax of $10 is imposed by the government. D) the government regulates production to 300 units. E) the government restricts the quantity consumers can buy to 400 units.
-Refer to Exhibit 7-13. There is no deadweight loss as a result of a tax of $10 per unit on producers if


A) a minimum price of $50 is established by the government.
B) the government requires production of 700 units.
C) a consumer-paid tax of $10 is imposed by the government.
D) the government regulates production to 300 units.
E) the government restricts the quantity consumers can buy to 400 units.

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