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1) explain the difference between consumer surplus, producer surplus and deadweight loss.can i have one real world example for deadweight loss? 2) If you were
1) explain the difference between consumer surplus, producer surplus and deadweight loss.can i have one real world example for deadweight loss?
2) If you were trying to limit deadweight loss, what types of good would you tax?What types of goods would you try to avoid taxing?can I two real world example so I can understand.
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