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QUESTION

l3. Cunsidera per um] produelien tax (no! 531111111 in lime graph yet}. it Illustrate. Box and shade in the tax revenue. Label everything. (10} b.

Consider a per unit production tax (not shown in the graph ... yet).

a. Illustrate. Box and shade in the tax revenue. Label everything.

b. What is deadweight loss (in words)? Show the deadweight loss in the graph. 

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