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Author Question: The diagram below shows supply and demand diagrams(SandD) for some product. The government then ... (Read 78 times)

Scollins7

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The diagram below shows supply and demand diagrams (S and D) for some product. The government then imposes an excise tax. The new supply curve is ST.



FIGURE 18-4

Refer to Figure 18-4. What is the value of the tax imposed on this product, in dollars per unit?


◦ $1
◦ $2
◦ $3
◦ $4
◦ $5


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Marked as best answer by Scollins7 on Oct 12, 2022

lactosetheintolerant

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Scollins7

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Reply 2 on: Oct 12, 2022
Excellent


DylanD1323

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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