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Business, 02.07.2019 19:30 pancho99

In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. the equilibrium quantity in the market for widgets is 200 per month when there is no tax. then a tax of $5 per widget is imposed. the price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. the government is able to raise $750 per month in revenue from the tax. the deadweight loss from the tax is a. $250. b. $125. c. $75. d. $50.

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In the market for widgets, the supply curve is the typical upward-sloping straight line, and the dem...

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