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  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 8: Application: the Costs of Taxation
  5. Question
    Figure 8-13 -Refer to Figure 8-13. Suppose the Government Places a $5
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Figure 8-13 -Refer to Figure 8-13. Suppose the Government Places a $5

Question 351

Question 351

Multiple Choice

Figure 8-13 Figure 8-13   -Refer to Figure 8-13. Suppose the government places a $5 per-unit tax on this good. The amount of deadweight loss resulting from this tax is A)  $120. B)  $80. C)  $50. D)  $25.
-Refer to Figure 8-13. Suppose the government places a $5 per-unit tax on this good. The amount of deadweight loss resulting from this tax is


A) $120.
B) $80.
C) $50.
D) $25.

Correct Answer:

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