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The following graph shows the daily market for shoes. Suppose the government institutes a tax of $46.40 per pair. This places a wedge between the price buyers pay and the price sellers receive.

The Following Graph Shows The Daily Market For Shoes Suppose The Government Institutes A Tax Of 4640 Per Pair This Places A Wedge Between The Price Buyers Pay A class=
The Following Graph Shows The Daily Market For Shoes Suppose The Government Institutes A Tax Of 4640 Per Pair This Places A Wedge Between The Price Buyers Pay A class=

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