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micro economic Question 29 Suppose the government implements a tax on the consumption of wheat. Which of the following would you expect to happen? 0

micro economic

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Question 29 Suppose the government implements a tax on the consumption of wheat. Which of the following would you expect to happen? 0 "he equilibrium quantity of wheat. the producer surplus, and the well-being of consumers of wheat would all decrease. "he equilibrium quantity of wheatr the producer surplus, and the well-being of consumers of wheat would all increase. O 0 "he equilibrium quantity of wheatr the effective price of wheat paid by the buyers. and the consumer surplus would all increase. 0 "he equilibrium quantity of wheatr the effective price of wheat paid by the buyers. and the consumer surplus would all decrease

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