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1?. [4%] In the nut-Rat for widgets, the supply curve [5 the typical upward-sloping straight line. and the demand curve Is the typical downward-sloping straight

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1?. [4%] In the nut-Rat for widgets, the supply curve [5 the typical upward-sloping straight line. and the demand curve Is the typical downward-sloping straight line. The equiiibrium quantity In the market for widgets Is 200 per month when there is no tax. Then a tax of $5 per widget I5 Imposed. The price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. The government is able to raise $750 per month in revenue from the tax. The deadmlght loss from the tax is 3250. 125. c. 5'35. 6. $50

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