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Business, 03.12.2021 17:10 radaishasmithoxngbj

Susan values a pair of blue jeans at $40. If the price is $35, Susan buys the jeans and generates consumer surplus of $5. Suppose a tax is placed on blue jeans that causes the price of blue jeans to rise to $45. Now Susan fails to buy a pair of jeans. This example has demonstrated

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Susan values a pair of blue jeans at $40. If the price is $35, Susan buys the jeans and generates co...
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