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Question 152

Multiple Choice

Use the following to answer question: Use the following to answer question: -(Figure: The Market for SUVs) Use Figure: The Market for SUVs.A price _____ of _____ will bring the about the same price and output in the market for SUVs as would an excise tax of $60,000. A) ceiling;$80,000 B) ceiling;$100,000 C) floor;$100,000 D) floor;$160,000
-(Figure: The Market for SUVs) Use Figure: The Market for SUVs.A price _____ of _____ will bring the about the same price and output in the market for SUVs as would an excise tax of $60,000.


A) ceiling;$80,000
B) ceiling;$100,000
C) floor;$100,000
D) floor;$160,000

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