Suppose Tyler values a basketball at $20. Jacqui values a basketball at $25. The pre-tax price of a basketball $10. The government imposes a tax of $5 on each basketball, and the price rises to $15. The deadweight loss from the tax is
A)$25.
B)$15.
C)$10.
D)$0.

Question

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The Answer of Suppose Tyler values a basketball at $20. Jacqui values a basketball at $25. The pre-tax price of a basketball $10. The government imposes a tax of $5 on each basketball, and the price rises to $15. The deadweight loss from the tax is
A)$25.
B)$15.
C)$10.
D)$0.

Suppose Tyler Values a Basketball at $20