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(Solved): Refer to Figure 4. If a tax of \( \$ 10 \) is imposed on this market, then a. Consumer surplus decr ...




Refer to Figure 4. If a tax of \( \$ 10 \) is imposed on this market, then
a. Consumer surplus decreases from \( \$ 3600 \) t
Refer to Figure 4. If a tax of \( \$ 10 \) is imposed on this market, then a. Consumer surplus decreases from \( \$ 3600 \) to \( \$ 900 \) b. Consumer surplus increases from \( \$ 900 \) to \( \$ 3600 \) c. Consumer surplus decreases from \( \$ 7200 \) to \( \$ 1800 \) c. Consumer surplus decreases from \( \$ 600 \) to \( \$ 300 \) (A) a (B) b


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