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Business, 11.02.2021 20:30 jlayne0605

Demand and Supply for Gasoline Price Quantity Demanded (in gallons) Quantity Supplied (in gallons) 1 1200 200 2 1150 350 3 1100 500 4 1050 650 5 1000 800 6 950 950 7 900 1100 8 850 1250 9 800 1400 10 750 1550 11 700 1700 12 650 1850 13 600 2000 Assume that the government imposes a $4/gallon tax on gasoline (on either consumers or producers). After the imposition of the tax, what is the incidence of the tax

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