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  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 8-3 the Vertical Distance Between Points a and C Represents a Represents
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Figure 8-3 the Vertical Distance Between Points a and C Represents a Represents

Question 157

Question 157

Multiple Choice

Figure 8-3
The vertical distance between points A and C represents a tax in the market. Figure 8-3 The vertical distance between points A and C represents a tax in the market.   -Refer to Figure 8-3.The amount of deadweight loss associated with the tax is equal to A) P3ACP1. B) ABC. C) P2ADP3. D) P1DCP2.
-Refer to Figure 8-3.The amount of deadweight loss associated with the tax is equal to


A) P3ACP1.
B) ABC.
C) P2ADP3.
D) P1DCP2.

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