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Author Question: The figure shows the market for mattresses. As a result of the government's tax on mattresses, ... (Read 2300 times)

ericka1

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on: May 24, 2019



The figure shows the market for mattresses.  As a result of the government's tax on mattresses, consumer surplus ________, producer surplus ________ and the government collects tax revenue of ________.
◦ shrinks; shrinks; $150,000
◦ shrinks; shrinks; $120,000
◦ grows; shrinks; $120,000
◦ shrinks; grows; $150,000
◦ grows; grows; $30 per mattress sold
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by ericka1 on May 24, 2019

mohan

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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