Essay
A tax is imposed on a certain good. The tax produces revenue of $5,000 for the government. The tax reduces consumer surplus by $3,000 and it reduces producer surplus by $4,000. What is the amount of the deadweight loss of the tax?
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Q113: Figure 8-9<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 8-9
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Q118: Table 8-1<br><br><br> <span class="ql-formula" data-value="\begin{array}
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