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Author Question: The diagram below shows supply and demand diagrams(SandD) for some product. The government then ... (Read 426 times)

jenniferbaugh1984

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on: Oct 12, 2022

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 dollar value of the excess burden of this tax?


◦ $1
◦ $5
◦ $10
◦ $2
◦ $40
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by jenniferbaugh1984 on Oct 12, 2022

Deonnak85

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Reply #1 on: Oct 12, 2022
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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jenniferbaugh1984

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

bigsis44

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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