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Mathematics, 16.03.2020 17:01 christianfielding336
22. Prior to any taxes, the equilibrium price of gasoline is $3 per gallon. Then a $1-per-gallon tax is levied. As a result, the price of gasoline rises to $3.75 per gallon. The incidence of the $1 tax is paid by consumers and paid by producers.
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22. Prior to any taxes, the equilibrium price of gasoline is $3 per gallon. Then a $1-per-gallon tax...
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