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5:14 PM Sat Mar 25 . . .ill @ 19% Assignment 2 8 Weeks.docx 5 + A BIUSA E E 2. Use the graph of
5:14 PM Sat Mar 25 . . .ill @ 19% Assignment 2 8 Weeks.docx 5 + A BIUSA E E 2. Use the graph of a market in equilibrium below (Price is $5.50 and Quantity is 5.5 units) to answer the following questions: Price $11 10 -.. Supply.. N W .Demand - 10 Quantity If a $3 tax was imposed a. What price would consumers pay? b. What price would suppliers receive? c. How much revenue would the government get? d. How much deadweight loss would there be? The We 2 3 4 7 9 O Q W E R Y U O P X @ # & S K return A D G H % . - . V Z X C V B N M .?123 O .?123
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