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Suppose the figure represents the market for peaches and there are no externalities in the market. Suppose a sales tax of $40 per bin of
Suppose the figure represents the market for peaches and there are no externalities in the market. Suppose a sales tax of $40 per bin of peaches is levied on consumers of peaches. The new demand curve is labled D2. Producer surplus after the tax is? Price per bin 120 110 100 90 S 80 70 60 50 40 Di 30 20 10 D2 10 20 30 40 50 60 70 80 90 100 Bins of peaches
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