Multiple Choice
David walks Carolyn's dog once a day for $50 per week.Carolyn values this service at $60 per week,while the opportunity cost of David's time is $30 per week.The government places a tax of $35 per week on dog walkers.After the tax,what is the loss in total surplus?
A) $50
B) $30
C) $25
D) $0
Correct Answer:
Verified
Correct Answer:
Verified
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