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Please answer the question with specific explanation and evidence... Q: Show the short-run impact of a $2 per unit excise tax imposed on firms in

Please answer the question with specific explanation and evidence...

Q: Show the short-run impact of a $2 per unit excise tax imposed on firms in a competitive industry.(Assume the industry is in equilibrium before the tax was imposed.)Show the amount of tax collected and the excess burden (welfare cost) of the tax.

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