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The equilibrium quantity in the market for good X is Q* = 200 when there is no tax. Then a tax of $5 is imposed.
The equilibrium quantity in the market for good X is Q* = 200 when there is no tax. Then a tax of $5 is imposed. As a result, the government is able to raise $750 in tax revenue. The quantity of good X has fallen by? The dead weight loss from the tax is?
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