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Consider the graph, which shows the effect of a per-unit tax on a market. Which of the following statements is correct? Sellers earn the price
Consider the graph, which shows the effect of a per-unit tax on a market. Which of the following statements is correct? Sellers earn the price P subscript P r o d u c e r s end subscript which is below the original equilibrium price P subscript 1. Sellers can only charge a lower price per unit for their product after the tax. The tax lower
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