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    Microeconomics Private and Public Choice Study Set 2
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    Exam 4: Supply and Demand: Applications and Extensions
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    Figure 4-25 Refer to Figure 4-25
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Figure 4-25 Refer to Figure 4-25

Question 197

Question 197

Multiple Choice

Figure 4-25 Figure 4-25   Refer to Figure 4-25. The price that buyers pay after the tax is imposed is A)  P<sub>1</sub>. B)  P<sub>2</sub>. C)  P<sub>3</sub>. D)  impossible to determine from the figure. Refer to Figure 4-25. The price that buyers pay after the tax is imposed is


A) P1.
B) P2.
C) P3.
D) impossible to determine from the figure.

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