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  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 8: Applications: The Costs of Taxation
  5. Question
    Figure 8-2 the Vertical Distance Between Points C and D Represents a Represents
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Figure 8-2 the Vertical Distance Between Points C and D Represents a Represents

Question 178

Question 178

Multiple Choice

Figure 8-2
The vertical distance between points C and D represents a tax in the market.
​ Figure 8-2 The vertical distance between points C and D represents a tax in the market. ​   ​ ​ ​ ​ -Refer to Figure 8-2. The amount of tax revenue received by the government is A) $2. B) $24. C) $20. D) $12. ​
​
​
​
-Refer to Figure 8-2. The amount of tax revenue received by the government is


A) $2.
B) $24.
C) $20.
D) $12.

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