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Market Demand for cheese is Q = 2800 - 20P, Government impose a 4 tax per unit of Cheese purchases. Calculate deadweight loss of this
Market Demand for cheese is Q = 2800 - 20P, Government impose a 4 tax per unit of Cheese purchases.
Calculate deadweight loss of this tax for when: supply of cheese is Q = 600 and for when: Q = 12P
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