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Suppose the government implements a $6 tax per unit that sellers are responsible for collecting and paying. After the tax is implemented, what is
Suppose the government implements a $6 tax per unit that sellers are responsible for collecting and paying. After the tax is implemented, what is the new equilibrium quantity? After the tax is implemented, what price do buyers pay? Do not include the $ in your answer. After the tax is implemented, what price do sellers receive? Do not include the $ in your answer. What is the total tax revenue that the government would receive? Do not include the $ in your answer. The larger burden of the tax is actually paid by (Enter either buyers or sellers) What is the size of the deadweight loss resulting from the tax? Do not include the $ in your answer. Price $15 14 13 Supply 12 11 10 9 8 4 3 2 1 0 1 2 3 Demand 9 10 11 12 13 14 15 16 Quantity
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