In the diagram above,D represents the original demand curve,S represents the original supply curve,and S' represents the supply curve once a per-unit tax is imposed.
-Refer to the diagram above.The difference between the total benefit and the total cost of the trades that do not occur after the tax is the ______ and it is equal to ______.
A) reduced consumer surplus; (EA)(A
H)+ ½(I
H)(H
B) reduced producer surplus; (A
G)(G
J)+ ½ (J
H)(H
C) deadweight loss;½(I
H)(H
D) deadweight loss;½(I
H)(H
C)+ ½(J
H)(H
E) deadweight loss;½(J
H)(H

Question

Quizplus · Accepted Answer

The Answer of  In the diagram above,D represents the original demand curve,S represents the original supply curve,and S' represents the supply curve once a per-unit tax is imposed.
-Refer to the diagram above.The difference between the total benefit and the total cost of the trades that do not occur after the tax is the ______ and it is equal to ______.
A) reduced consumer surplus; (EA)(A
H)+ ½(I
H)(H
B) reduced producer surplus; (A
G)(G
J)+ ½ (J
H)(H
C) deadweight loss;½(I
H)(H
D) deadweight loss;½(I
H)(H
C)+ ½(J
H)(H
E) deadweight loss;½(J
H)(H

In the Diagram Above,D Represents the Original Demand Curve,S Represents