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The following question refers to the diagram below, which illustrates the supply and demand curves for a perfectly competitive market. Assume that each unit of

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The following question refers to the diagram below, which illustrates the supply and demand curves for a perfectly competitive market. Assume that each unit of output results in a marginal external cost of $5. If a tax of $5 per unit is introduced in the market illustrated above, then the price that consumers pay will be _ and the price that producer receive (net of the tax) will be_. 10 20 24 28 Q Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer a $9: 54. $8; $5. C $7: 56. d $6; $1

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