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The Graph Represents the Market for a Product Where D

Question 288

Multiple Choice

The graph represents the market for a product where D ₁ and S ₁ show the initial supply and demand curves, and supply shifts to S ₂ due to a sales tax. The government's tax revenue is represented by area A) FIJG. B) ACEG. C) BCEF. D) ABFG. The graph represents the market for a product where D ₁ and S ₁ show the initial supply and demand curves, and supply shifts to S ₂ due to a sales tax. The government's tax revenue is represented by area


A) FIJG.
B) ACEG.
C) BCEF.
D) ABFG.

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