A tax is imposed on a certain good. The tax produces revenue of $3500 for the government.

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A tax is imposed on a certain good. The tax produces revenue of $3500 for the government. The tax reduces consumer surplus by $5000 and it reduces producer surplus by $2000. What is the amount of deadweight loss of the tax?

Posted Date: Jun 22, 2024 09:04 AM

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A tax is imposed on a certain good. The tax produces revenue of $3500 for the government.

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