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Suppose the Market Demand Function for Ice Cream Is

question 32

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Suppose the market demand function for ice cream is Suppose the market demand function for ice cream is and the market supply function for ice cream is ,both measured in millions of gallons of ice cream per year.Suppose the government imposes a $0.50 tax on each gallon of ice cream.The change in producer surplus due to the tax is A) $1.80 B) $1.20 C) $1.00 D) $0.48 and the market supply function for ice cream is Suppose the market demand function for ice cream is and the market supply function for ice cream is ,both measured in millions of gallons of ice cream per year.Suppose the government imposes a $0.50 tax on each gallon of ice cream.The change in producer surplus due to the tax is A) $1.80 B) $1.20 C) $1.00 D) $0.48 ,both measured in millions of gallons of ice cream per year.Suppose the government imposes a $0.50 tax on each gallon of ice cream.The change in producer surplus due to the tax is

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