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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 179

Question 179

Multiple Choice

Figure 18-2 Figure 18-2   -Figure 18-2 shows the widget market before and after an excise tax is imposed.The revenue collected by the tax is ____. A) $8,000 B) $50,000 C) $100,000 D) $150,000
-Figure 18-2 shows the widget market before and after an excise tax is imposed.The revenue collected by the tax is ____.


A) $8,000
B) $50,000
C) $100,000
D) $150,000

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