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sergejj [24]
3 years ago
5

Wilma values a decorative garden rock at $15, while Fred values it at $10. The price of a decorative garden rock is $9. If the g

overnment imposes a $2 tax per decorative garden rock and the price of the rock rises to $11, what part of the deadweight loss comes from Wilma, and what part comes from Fred?
Business
1 answer:
alukav5142 [94]3 years ago
8 0

Answer:

<em>he part of the of the dead weight loss for Wilma is= $2 </em>

<em>while the part of the dead weight loss for Fred is = $1</em>

Explanation:

<em>Wilma value for a decorative garden stock is = $15</em>

<em>Fred value is at =$10</em>

<em>which together is given as</em>

<em>Wilma garden stock + Fred garden stock value = 25$</em>

<em>Government Tax for the decorative garden= $2</em>

<em>Price of stock rises at =$11</em>

<em>Therefore,</em>

<em>The part of the of the dead weight loss for Wilma is= $2 </em>

<em>while the part of the dead weight loss for Fred is = $1</em>

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