Multiple Choice
Suppose that a market is initially in equilibrium. The initial demand curve is . The initial supply curve is . Suppose that the government imposes a $3 tax on this market. What is the dead-weight loss due to the tax?
A) $3.
B) $2.
C) $1.50.
D) $1.00.
Correct Answer:

Verified
Correct Answer:
Verified
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