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Question: Suppose that a market is initially in equilibrium. The initial demand curve is P=90-Q_d. The init... Suppose that a market is initially in equilibrium.

Question: Suppose that a market is initially in equilibrium. The initial demand curve is P=90-Q_d. The init...

Suppose that a market is initially in equilibrium. The initial demand curve is P=90-Q_d. The initial supply curve is P=2Q_S. Suppose that the government imposes a $3 tax on this market. What is the dead-weight loss due to the tax?

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