=+d. Calculate the deadweight loss from this tax. 8. The state needs to raise money, and the
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=+d. Calculate the deadweight loss from this tax. 8. The state needs to raise money, and the governor has a choice of imposing an excise tax of the same amount on one of two previously untaxed goods: restaurant meals or gasoline. Both the demand for and the supply of restaurant meals are more elastic than the demand for and the supply of gasoline. If the
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