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Question 4 In the graph below, the Pigovian tax Price Market for Oil Supply Tax ETax Supply $100 $80 EM $70 - - Demand 20

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Question 4 In the graph below, the Pigovian tax Price Market for Oil Supply Tax ETax Supply $100 $80 EM $70 - - Demand 20 25 millions of barrels of oil O decreases the quantity of oil sold from 25 million to 20 million barrels. O increases the quantity sold from 20 million to 25 million barrels. falls entirely on the consumer. O has no impact on the amount of oil sold. Previous

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