-Refer to Figure 17-1. Area B + C + F + G represents
A) the portion of sales tax revenue borne by consumers.
B) the portion of sales tax revenue borne by producers.
C) the excess burden of the sales tax.
D) sales tax revenue collected by the government.

Question

-Refer to Figure 17-1. Area B + C + F + G represents
A) the portion of sales tax revenue borne by consumers. 
B) the portion of sales tax revenue borne by producers. 
C) the excess burden of the sales tax. 
D) sales tax revenue collected by the government.

Quizplus · Accepted Answer

Areas B, C, F, and G together represent the total sales tax revenue collected by the government. This is because these areas combine the portions of the sales tax that are paid by both consumers and producers.