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    Modern Principles Microeconomics
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    Exam 6: Taxes and Subsidies
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 51

Question 51

Multiple Choice

Use the following to answer questions:
Figure: Deadweight Loss Use the following to answer questions: Figure: Deadweight Loss   -(Figure: Deadweight Loss)  Which of the areas in this figure represents the lost consumer surplus resulting from a $2 tax? A)  A B)  B C)  B + E D)  B + C
-(Figure: Deadweight Loss) Which of the areas in this figure represents the lost consumer surplus resulting from a $2 tax?


A) A
B) B
C) B + E
D) B + C

Correct Answer:

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