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Figure 8-6 -Refer to Figure 8-6.Which of the Following Statements Is Correct

question 86

Multiple Choice

Figure 8-6
Figure 8-6    -Refer to Figure 8-6.Which of the following statements is correct? A) Total surplus before the tax was imposed amounted to $225. B) After the tax is imposed, consumer surplus amounts to 25 percent of its pre-tax value. C) After the tax is imposed, the sum of producer surplus and consumer surplus amounts to 36 percent of its pre-tax value. D) All of the above are correct.
-Refer to Figure 8-6.Which of the following statements is correct?


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