Consider a market in which the demand curve is P = 12 - Q and the supply curve is P = 2 + Q. Suppose
Consider a market in which the demand curve is P = 12 - Q and the supply curve is P = 2 + Q. Suppose that the government imposes a tax of $4 per unit on the sellers in this market. Then the resulting consumer surplus equals $4 $4.5 OOOO $12 $12.5
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