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Business, 30.03.2020 20:57 4804344130

The equilibrium quantity in the market for widgets is 250 per month when there is no tax. Then a tax of $6 per widget is imposed. As a result, the government is able to raise $750 per month in tax revenue. What is the after-tax quantity of widgets? What is the size of the deadweight loss due to the tax?

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The equilibrium quantity in the market for widgets is 250 per month when there is no tax. Then a tax...
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