Graph 9-8

-In Graph 9-8, consumer surplus after the tariff would be:
A) A
B) A + B
C) A + C + G
D) A + B + C + D +E + F

Name: Graph 9-8 -In Graph 9-8, consumer surplus after the tariff would be: A) A B) A + B C) A + C + G D) A + B + C + D +E + F
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Question

Graph 9-8
 
-In Graph 9-8, consumer surplus after the tariff would be:
A) A 
B) A + B 
C) A + C + G 
D) A + B + C + D +E + F

Quizplus · Accepted Answer

Consumer surplus after the tariff is the area below the demand curve but above the post-tariff price (Pw) and above the x-axis. This area is represented by A + B in the graph, so the correct answer is B.

Graph 9-8 -In Graph 9-8, Consumer Surplus After the Tariff Would Be