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Reference: Ref 10-4 (Figure: Market for Bathroom Cleaner) the Figure

Question 34

Multiple Choice

  Reference: Ref 10-4 (Figure: Market for Bathroom Cleaner)  The figure shows a market for cans of bathroom cleaner that causes environmental damage, imposing costs on people other than the consumers and producers of the cleaner. If consumers were taxed such that they only purchased the efficient quantity of the product, how much deadweight loss would be removed from this market? A)  $90 B)  $180 C)  $45 D)  $255 Reference: Ref 10-4 (Figure: Market for Bathroom Cleaner) The figure shows a market for cans of bathroom cleaner that causes environmental damage, imposing costs on people other than the consumers and producers of the cleaner. If consumers were taxed such that they only purchased the efficient quantity of the product, how much deadweight loss would be removed from this market?


A) $90
B) $180
C) $45
D) $255

Correct Answer:

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