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Arts, 05.05.2021 14:00 zalliagessnerp5fuj9
Consider a market with an equilibrium quantity of 100 and an equilibrium price of 50. Suppose the government imposes a 20 dollar tax per unit on consumers, after which the quantity sold in the market reduces to 50. What is the deadweight loss of the tax?
1. 500
2. 250
3. 100
4. 50
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