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market for gasoline drivers will consume gallons of gasoline. QUANTITY ll Millions) If the government does intervene in the market for gasoline and impose a

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market for gasoline drivers will consume gallons of gasoline. QUANTITY ll" Millions) If the government does intervene in the market for gasoline and impose a tax the equilibrium price of a gallon of gasoline would be the tax on a gallon of gasoline would be and drivers will consume gallons of gasoline. Social Cost = Market Equilibrium = Efficient Equilibrium : In graph above highlight the Deadweight Loss due to production

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