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Question 55

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Use the following to answer questions:
Figure: Tax Incidence Use the following to answer questions: Figure: Tax Incidence   -(Figure: Tax Incidence)  Look at the figure Tax Incidence. Based on the figure, the deadweight loss of an excise tax is likely to be greater in panel _____ than in panel _____. A)  D; C B)  A; B C)  C; B D)  B; A
-(Figure: Tax Incidence) Look at the figure Tax Incidence. Based on the figure, the deadweight loss of an excise tax is likely to be greater in panel _____ than in panel _____.


A) D; C
B) A; B
C) C; B
D) B; A

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