Table 12-3

-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.Suppose the government imposes a tax of $12 on skiing,which raises the price of a weekend ski pass to $57.The deadweight loss associated with the tax is
A) $5.
B) $12.
C) $36.
D) $41.

Question

Table 12-3
 
-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.Suppose the government imposes a tax of $12 on skiing,which raises the price of a weekend ski pass to $57.The deadweight loss associated with the tax is
A) $5. 
B) $12. 
C) $36. 
D) $41.

Quizplus · Accepted Answer

The Answer of Table 12-3
 
-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.Suppose the government imposes a tax of $12 on skiing,which raises the price of a weekend ski pass to $57.The deadweight loss associated with the tax is
A) $5. 
B) $12. 
C) $36. 
D) $41.

Table 12-3 -Refer to Table 12-3.Assume That the Price of a Weekend