Figure 17-10
-Refer to Figure 17-10. As a result of the tariff, there is a deadweight loss that amounts to
A) B.
B) E.
C) D + F.
D) B + D + E + F.

Question

Figure 17-10 
-Refer to Figure 17-10. As a result of the tariff, there is a deadweight loss that amounts to
A) B. 
B) E. 
C) D + F. 
D) B + D + E + F.

Quizplus · Accepted Answer

The deadweight loss from a tariff is represented by the loss of consumer and producer surplus that is not offset by the gain in government revenue, which is typically shown as the areas D and F in a supply and demand diagram.

Figure 17-10 -Refer to Figure 17-10. as a Result of the Tariff