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principle of economics 1. explain why there a Dead weight Loss ? 2. if a pigouvian tax could be applied to fatty fast food at

principle of economics

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1. explain why there a Dead weight Loss ? 2. if a pigouvian tax could be applied to fatty fast food at what rate should it be set? how would this achieve the socially efficient outcome? 3. if there was no Medicare system would there be any externality that needs correcting

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