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    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 8: Application the Cost of Taxation: The Deadweight Loss of Taxation
  5. Question
    Figure 8-2 the Vertical Distance Between Points a and B Represents a Represents
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Figure 8-2 the Vertical Distance Between Points a and B Represents a Represents

Question 20

Question 20

Multiple Choice

Figure 8-2
The vertical distance between points A and B represents a tax in the market. Figure 8-2 The vertical distance between points A and B represents a tax in the market.   -Refer to Figure 8-2.The imposition of the tax causes the price paid by buyers to A) decrease by $2. B) increase by $3. C) decrease by $4. D) increase by $5.
-Refer to Figure 8-2.The imposition of the tax causes the price paid by buyers to


A) decrease by $2.
B) increase by $3.
C) decrease by $4.
D) increase by $5.

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