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    Exam 6: Government Actions in Markets
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    -The Figure Shows the Market for Books Before and After
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-The Figure Shows the Market for Books Before and After

Question 243

Question 243

Multiple Choice

  -The figure shows the market for books before and after a sales tax is introduced. Each week, the tax creates a deadweight loss of ________, decreases consumer surplus by ________, and decreases producer surplus by ________. A)  $15; $10; $5 B)  $12; $8; $4 C)  $3; $10; $5 D)  $3; $2; $1
-The figure shows the market for books before and after a sales tax is introduced. Each week, the tax creates a deadweight loss of ________, decreases consumer surplus by ________, and decreases producer surplus by ________.


A) $15; $10; $5
B) $12; $8; $4
C) $3; $10; $5
D) $3; $2; $1

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