Figure 15-7

-Refer to Figure 15-7.What is the area of deadweight loss?
A) the rectangle (F-D)xA
B) the triangle 1/2[(F-D)x(B-A)]
C) the triangle 1/2[(F-G)x(B-A)]
D) the rectangle (F-D)xA plus the triangle 1/2[(F-D)x(B-

Question

Figure 15-7
 
-Refer to Figure 15-7.What is the area of deadweight loss?
A) the rectangle (F-D)xA
B) the triangle 1/2[(F-D)x(B-A)]
C) the triangle 1/2[(F-G)x(B-A)]
D) the rectangle (F-D)xA plus the triangle 1/2[(F-D)x(B-

Quizplus · Accepted Answer

Deadweight loss is typically represented by the area of a triangle formed between the supply and demand curves, and the equilibrium quantity and price. In this case, it is the triangle 1/2[(F-D)x(B-A)].

Figure 15-7 -Refer to Figure 15-7.What Is the Area of Deadweight Loss