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    Microeconomics 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 14

Question 14

Multiple Choice

Figure 18-2
Figure 18-2   Figure 18-2 shows the widget market before and after an excise tax is imposed. The tax per widget equals ____. A) $5 B) $20 C) $25 D) $30
Figure 18-2 shows the widget market before and after an excise tax is imposed. The tax per widget equals ____.


A) $5
B) $20
C) $25
D) $30

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