Question: Demand function for gromets is given by QD = 40 - P. Supply is given by Qs = P. A tax of $8 per gromet

Demand function for gromets is given by QD = 40 - P. Supply is given by Qs = P. A tax of $8 per gromet imposed on consumers. Which of the following is closest to the resulting deadweight loss? O $64 O $32 O $72 O $144 O $8 O $16

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