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The per-unit dollar amount of a tax times the quantity sold after the tax is imposed equals: Question 4 options: A) producer surplus. B) tax
The per-unit dollar amount of a tax times the quantity sold after the tax is imposed equals: Question 4 options: A) producer surplus. B) tax revenue. C) deadweight loss. D) consumer surplus.If a 10% increase in the price of one good, A, results in an increase of 5% in the quantity demanded of another good, B, then it can be concluded that the two goods, A and B are Question 8 options: A) substitute goods. B) secondary goods. C) complementary goods. D) independent goods
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