For good X,the supply curve is the typical upward-sloping straight line,and the demand curve is the typical downward-sloping straight line.A tax of $10 per unit is imposed on good X.The tax reduces the equilibrium quantity in the market by 200 units.The deadweight loss from the tax is
A) $2,000.
B) $1,000.
C) $500.
D) $250.
Correct Answer:
Verified
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A)in a market
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A)decline in total surplus
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