Use the following to answer questions:
Figure: A Market with a Tax
-(Figure: A Market with a Tax) Look at the figure A Market with a Tax. Before the tax is imposed, consumer surplus is equal to the areas:

Question

Use the following to answer questions:
Figure: A Market with a Tax 
-(Figure: A Market with a Tax) Look at the figure A Market with a Tax. Before the tax is imposed, consumer surplus is equal to the areas:

Quizplus · Accepted Answer

Before the tax is imposed, consumer surplus is the area above the price level and below the demand curve, which is represented by the areas A + B + C.

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