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-Refer to the Above Figure

Question 170

Multiple Choice

-Refer to the above figure. A unit tax of $2 has been placed on the good. Which of the following statements is TRUE about the vertical distance between S₁ and S₂? A) The distance is less than $2. B) The distance is $2. C) The distance is more than $2. D) The distance cannot be determined with the information given.
-Refer to the above figure. A unit tax of $2 has been placed on the good. Which of the following statements is TRUE about the vertical distance between S₁ and S₂?


A) The distance is less than $2.
B) The distance is $2.
C) The distance is more than $2.
D) The distance cannot be determined with the information given.

Correct Answer:

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