What is the maximum tax the gov. can impose

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Reference no: EM13173901

John has been in the habit of mowing Willa's lawn each week for $20.

John"s opportunity cost is $15, and Willa would be wlling to pay $25 to have her lawn mowed.

What is the maximum tax the gov. can impose on lawn mowing

without dicouraging John and Willa from cotinuing their matually beneficial arrangement?

Reference no: EM13173901

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