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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 160

Question 160

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 loss of consumer surplus as a result of the tax is A) $1.50. B) $3. C) $4.50. D) $6.
-Refer to Figure 8-2.The loss of consumer surplus as a result of the tax is


A) $1.50.
B) $3.
C) $4.50.
D) $6.

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