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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

In Example 2 with equal taxes, did the outcome of the vote make anyone worse off? If so, whom and by how much?

To determine

Tax and outcome of a vote.

Explanation

Table 1 shows MPB (Marginal Private Benefit) of various units of good Y.

Table 1

PersonMPB of First Unit of YMPB of Second Unit of YMPB of ThirdUnit of Y
A400380190
B15011090
C1009080

There are 3 individuals; A, B, and C. Each one pays equal taxes for good Y...

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