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The Graph Illustrates the Market for a Product on Which

Question 294

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The graph illustrates the market for a product on which an excise tax has been imposed by government. How much is the efficiency (or deadweight) loss due to the excise tax? A) $6 B) $9 C) $18 D) $21 The graph illustrates the market for a product on which an excise tax has been imposed by government. How much is the efficiency (or deadweight) loss due to the excise tax?


A) $6
B) $9
C) $18
D) $21

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