3 A $1 per unit tax levied on consumers of a good is equivalent to a a...

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3 A $1 per unit tax levied on consumers of a good is equivalent to a a $1 per unit tax levied on producers of the good.

b a $1 per unit subsidy paid to producers of the good.

c a price floor that raises the good's price by $1 per unit.

d a price ceiling that raises the good's price by $1 per unit.

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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