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Suppose the government is considering imposing a tax in one of the markets shown in graphs I, II, III, and IV. <p><b><span style="font-size:20pt;"><span style="color:#FF0000;">
If the government's goal is to raise as much revenue as possible while minimizing deadweight loss, it should impose the tax in the market in which graph?
Security Interest
A legal claim or right on assets granted to a creditor or a lender, to secure the repayment of a debt.
Automobile
A road vehicle, typically with four wheels, powered by an internal combustion engine or electric motor, used for transporting passengers.
Trademark
A symbol, word, or phrase legally registered or established by use as representing a company or product, offering protection against its use by others.
Copyright
The protection of the expression of a creative work; that is, protection of the fixed form that expresses the ideas.
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