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Use the Figure Below to Answer the Following Question(s)

Question 198

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Use the figure below to answer the following question(s) . Figure 4-10
Use the figure below to answer the following question(s) . Figure 4-10 Figure 4-10 shows the market for a good before and after an excise tax is imposed. What does the triangular area C represent? A) the deadweight loss accompanying the tax B) the tax revenue derived from sellers C) the tax revenue derived from buyers D) the total tax revenue generated by the tax Figure 4-10 shows the market for a good before and after an excise tax is imposed. What does the triangular area C represent?


A) the deadweight loss accompanying the tax
B) the tax revenue derived from sellers
C) the tax revenue derived from buyers
D) the total tax revenue generated by the tax

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