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    Principles of Economics Study Set 8
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    Exam 8: Application: the Costs 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 496

Question 496

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 amount of tax revenue received by the government is A)  $2.50. B)  $4. C)  $5. D)  $9.
-Refer to Figure 8-2. The amount of tax revenue received by the government is


A) $2.50.
B) $4.
C) $5.
D) $9.

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