If the government imposes a new tax on plastic bags, ______. A. Total surplus from bags shrinks
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If the government imposes a new tax on plastic bags, ______.
A. Total surplus from bags shrinks by more than the amount of tax collected
B. Total surplus from bags shrinks by the amount of the tax revenue collected
C. A deadweight loss arises equal to the amount of tax revenue collected
D. The market for plastic bags remains efficient if the tax is fair
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