According to the information provided, assume that the government places a tax of $4 on each bottle of micro-brewed beer.What is Celia's consumer surplus from micro-brewed beer?
A)zero
B)$4
C)$8
D)$12

Question

Quizplus · Accepted Answer

If the tax is equal to the consumer's willingness to pay, the consumer surplus is zero because the consumer is not willing to pay more than the taxed price.

According to the Information Provided, Assume That the Government Places