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Consider a simple opportunity for trade: You are renting a new condo and the previous tenant offers to sell her old couch. You are the

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Consider a simple opportunity for trade: You are renting a new condo and the previous tenant offers to sell her old couch. You are the sole buyer and you have a willingness to pay of $220. The previous tenant is the sole seller and has a willingness to accept of $110. Assuming you and the previous tenant arrive at a mutually beneficial agreement, the social surplus will be $0 Suppose the condo association imposes a tax of S60 (i.e., a tax) for each item left in the condo during the move-in/move-out. Given the information, the social surplus after the imposition of the tax will Suppose the fee were raised to $130. In this case, the social surplus will and the deadweight loss will be $

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