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As a Result of the Imposition of a Tax on a Product:​

Question 42

Multiple Choice

As a result of the imposition of a tax on a product:​


A) ​some consumer surplus is transferred from buyers to producers.
B) ​some producer surplus is transferred from sellers to consumers.
C) ​some consumer and producer surplus is transferred from buyers and sellers to the government.
D) ​there is no change in either consumer or producer surplus.

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