=+that there was a deadweight loss of $5.68 billion. This calculation was based on a price of

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=+that there was a deadweight loss of $5.68 billion. This calculation was based on a price of oil of $50 per barrel.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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