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-The Figure Above Shows the Labour Supply and Labour Demand

Question 67

Multiple Choice

-The figure above shows the labour supply and labour demand curves for personal trainers in Victoria. The initial equilibrium hourly wage is $10. The government of Victoria institutes an additional income tax on the income of personal trainers of $6 an hour in order to fund school sports programs. The deadweight loss from this tax equals the region A) cdf. B) bce. C) cef. D) efg. E) abe.
-The figure above shows the labour supply and labour demand curves for personal trainers in Victoria. The initial equilibrium hourly wage is $10. The government of Victoria institutes an additional income tax on the income of personal trainers of $6 an hour in order to fund school sports programs. The deadweight loss from this tax equals the region


A) cdf.
B) bce.
C) cef.
D) efg.
E) abe.

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