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(Figure: Impact of Tax on Market Equilibrium) Based on the graph, the deadweight loss created by the tax equals , and it is borne primarily

(Figure: Impact of Tax on Market Equilibrium) Based on the graph, the deadweight loss created by the tax equals , and it is borne primarily by the So + tax 10 6 Q O 100 120 $120; seller O $60; seller O $120; buyer $60; buyer

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