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    Economics Principles and Policy Study Set 2
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    Exam 17: Taxation and Resource Allocation
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    Figure 18-2 -Figure 18-2 Shows the Widget Market Before and After an and After
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Figure 18-2 -Figure 18-2 Shows the Widget Market Before and After an and After

Question 161

Question 161

Multiple Choice

Figure 18-2 Figure 18-2   -Figure 18-2 shows the widget market before and after an excise tax is imposed.After the tax is imposed, the amount that a firm keeps for itself from the sale of each widget is ____. A) $95 B) $100 C) $120 D) $125
-Figure 18-2 shows the widget market before and after an excise tax is imposed.After the tax is imposed, the amount that a firm keeps for itself from the sale of each widget is ____.


A) $95
B) $100
C) $120
D) $125

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