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Figure 8 Refer to Figure 8 . a . If you were a policymaker choosing between a $ 3 , $ 6 , or $
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Refer to Figure
a If you were a policymaker choosing between a $$ or $ tax, which tax would lead to the highest revenues and how much total tax revenues would you expect to collect?
b If you were a policymaker choosing between a $$ or $ tax, which tax would lead to the lowest deadweight loss? What is the deadweight loss associated with that tax?
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