Question: please answer 5 + tax IS # 23 14 20 26 What's the amount of the deadweight loss as a result of the tax? 57
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5 + tax IS # 23 14 20 26 What's the amount of the deadweight loss as a result of the tax? 57 380 O494 cannot be determined Tariff .. WP A I A What area represents consumer surplus post-tariff? OC+ D + B +K +E+L OA +B OC+D Oc A The market for widgets is initially at equilibrium. The price of gizmos, complements to widgets, decrease in price. This would Ay (increase/decrease) the (supply/demand/quantity supplied/quantity demanded) of widgets. President DeSanta deregulates the widget market, allowing more firms to produce widgets. This would A (increase/decrease) the (supply/demand/quantity supplied/quantity demanded) of widgets. All else equal, the equilibrium output will (increase/decrease/cannot be determined) and the equilibrium price will A (increase/decrease/cannot be determined)
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