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Question 26

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-Refer to the information above to answer this question.What will be the equilibrium price and quantity if a $2 per unit excise tax is imposed on this product? A) $11 and 40. B) $11 and 80. C) $10 and 50. D) $10 and 70. E) $7 and 40.
-Refer to the information above to answer this question.What will be the equilibrium price and quantity if a $2 per unit excise tax is imposed on this product?


A) $11 and 40.
B) $11 and 80.
C) $10 and 50.
D) $10 and 70.
E) $7 and 40.

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