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Figure 5-13 Figure 5-13 Illustrates the Market for Gasoline Before and After

Question 161

Multiple Choice

Figure 5-13
Figure 5-13 Figure 5-13 illustrates the market for gasoline before and after the government imposes a tax to bring about the efficient level of gasoline production. -Refer to Figure 5-13.The actual price of gasoline paid by consumers after the tax is implemented is ________ per gallon. A) $3.00 B) $3.75 C) $4.25 D) $5.00
Figure 5-13 illustrates the market for gasoline before and after the government imposes a tax to bring about the efficient level of gasoline production.
-Refer to Figure 5-13.The actual price of gasoline paid by consumers after the tax is implemented is ________ per gallon.


A) $3.00
B) $3.75
C) $4.25
D) $5.00

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