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The Deadweight Loss Pric Lost gains from trade Supply PB Price =P1 Size of tax: without tax ■■国口■口■国 s… Cost to selers Demand Value to buyers 0 Q 1 Quantit Reduction in quantity due to the taxThe Deadweight Loss... 0 Quantity Price Demand Supply Q1 PB Price = P1 without tax PS Q2 Size of tax Lost gains from trade Cost to sellers Value to buyers Reduction in quantity due to the tax
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