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Assume that in a competitive equilibrium, 1,000 units are sold at $20 per unit. Following the imposition of a $4.00 per unit tax, the new

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Assume that in a competitive equilibrium, 1,000 units are sold at $20 per unit. Following the imposition of a $4.00 per unit tax, the new consumer price is $23, and the new equilibrium quantity is 950 units. What are the values of the tax revenue collected and the deadweight loss? A Tax revenue $4,000; Deadweight loss $3,000 B Tax revenue $3,800; Deadweight loss $200 C Tax revenue $3,800; Deadweight loss $100 D Tax revenue $3,000; Deadweight loss $100 E Tax revenue $200; Deadweight loss $200

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