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Question 5 1 pts Andrea gives piano lessons. She has an opportunity cost of $50 per lesson and charges $60. Andrea has two students: Amy,
Question 5 1 pts Andrea gives piano lessons. She has an opportunity cost of $50 per lesson and charges $60. Andrea has two students: Amy, who has a willingness to pay $70, and Carl, who has a willing nest to pay $90. When the government puts a $20 tax on piano lessons and Andrea raises her price to $80, the deadweight loss is and the tax revenue is O $10 ; $20 O $10 ; $40 O $20 ; $20 O $20 ; $40
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