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Figure 8-7 the Vertical Distance Between Points a and B Represents a Represents

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Figure 8-7
The vertical distance between points A and B represents a tax in the market.
Figure 8-7 The vertical distance between points A and B represents a tax in the market. -Refer to Figure 8-7.Before the tax is imposed,the equilibrium price is A) $16, and the equilibrium quantity is 15. B) $12, and the equilibrium quantity is 15. C) $12, and the equilibrium quantity is 25. D) $8, and the equilibrium quantity is 15.
-Refer to Figure 8-7.Before the tax is imposed,the equilibrium price is

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