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Figure 8-2 the Vertical Distance Between Points C and D Represents a Represents

Question 54

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 loss of consumer surplus as a result of the tax is A) $12. B) $8. C) $18. D) $4. ​
​
​
​
-Refer to Figure 8-2. The loss of consumer surplus as a result of the tax is


A) $12.
B) $8.
C) $18.
D) $4.

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