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The Graph Shown Depicts a Tax Being Imposed, Causing Demand

Question 7

Multiple Choice

The graph shown depicts a tax being imposed, causing demand to shift from D1 to D2. The graph shown depicts a tax being imposed, causing demand to shift from D1 to D2. The amount of the tax imposed is equal to: A) (P<sub>1</sub> − P<sub>3</sub>) . B) (P<sub>2</sub> − P<sub>1</sub>) . C) (P<sub>4</sub> − P<sub>2</sub>) . D) (P<sub>4</sub> − P<sub>3</sub>) . The amount of the tax imposed is equal to:


A) (P1 − P3) .
B) (P2 − P1) .
C) (P4 − P2) .
D) (P4 − P3) .

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