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    Modern Principles of Economics Study Set 2
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    Exam 6: Taxes and Subsidies
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    Reference: Ref 6-8 (Figure: Tax on Consumers of Gadgets) Refer
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Reference: Ref 6-8 (Figure: Tax on Consumers of Gadgets) Refer

Question 51

Question 51

Multiple Choice

  Reference: Ref 6-8 (Figure: Tax on Consumers of Gadgets)  Refer to the figure. What is the amount of the deadweight loss caused by the imposition of the tax on gadgets? A)  $800 B)  $3,200 C)  $400 D)  $200 Reference: Ref 6-8 (Figure: Tax on Consumers of Gadgets) Refer to the figure. What is the amount of the deadweight loss caused by the imposition of the tax on gadgets?


A) $800
B) $3,200
C) $400
D) $200

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