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16. Consider the market for the following good where the Demand schedule is Q =150 - P, the supply schedule is Q = 2P. There
16. Consider the market for the following good where the Demand schedule is Q =150 - P, the supply schedule is Q = 2P. There is a tax of 15. The deadweight loss in the market from the tax is A) 10 B) 15 C) 25 D) 65 E) 75 F) 90 G) 100
Answer is (E)-75 The last tutor did not provide a clear answer
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