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market is described by the following supply and demand curves, respectively: QS=P QD=10-P where QSand QDare quantity supplied and demanded, and P is price.Now suppose

market is described by the following supply and demand curves, respectively:

QS=P

QD=10-P

where QSand QDare quantity supplied and demanded, and P is price.Now suppose the government imposes $2 tax on buyers. What is the fall in consumer surplus due to buyers leaving the market after the tax policy?

a.

0.5

b.

4.5

c.

4

d.

1

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