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    Principles of Microeconomics Study Set 10
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    Exam 8: Application: The Costs of Taxation
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    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 277

Question 277

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 loss of consumer surplus resulting from this tax is A) $80. B) $40. C) $30. D) $10.
-Refer to Figure 8-13. Suppose the government places a $5 per-unit tax on this good. The loss of consumer surplus resulting from this tax is


A) $80.
B) $40.
C) $30.
D) $10.

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