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    Principles of Economics
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    Exam 8: Application: the Costs of Taxation
  5. Question
    Graph 8-1 -According to Graph 8-1, the Tax Caused a Reduction in a Reduction
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Graph 8-1 -According to Graph 8-1, the Tax Caused a Reduction in a Reduction

Question 55

Question 55

Multiple Choice

Graph 8-1 Graph 8-1   -According to Graph 8-1, the tax caused a reduction in consumer surplus, it is represented by area: A) A B) B + C C) D + E D) F
-According to Graph 8-1, the tax caused a reduction in consumer surplus, it is represented by area:


A) A
B) B + C
C) D + E
D) F

Correct Answer:

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