Using the table from Question 3, what is the social cost of a tax of $6? Table
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Using the table from Question 3, what is the social cost of a tax of $6?
Table From Question 3:
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Quantity Demand Price Supply Price 1 $16 $6 2 $14 $8 3 $12 $9 4 $10 $10 5 $8 $11 6 $6 $12
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