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8 July, 04:29

The equilibrium quantity in the market for widgets is 250 per month when there is no tax. Then a tax of $6 per widget is imposed. As a result, the government is able to raise $750 per month in tax revenue. What is the after-tax quantity of widgets? What is the size of the deadweight loss due to the tax?

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  1. 8 July, 05:53
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    125 per month

    Explanation:

    The after-tax quantity of widgets is 125 per month.
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