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Business, 09.04.2020 18:17 isabella4141

Refer to the Figure. Suppose the government imposes a tax of P-p". The area measured by I+Y represents the
a) loss in producer surplus due to the tax.
(
b) total surplus before the tax.
O
C) deadweight loss due to the tax
d) loss in consumer surplus due to the tax.

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Refer to the Figure. Suppose the government imposes a tax of P-p". The area measured by I+Y represen...

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