Use the figure below to answer the following question(s).
Figure 4-10

Figure 4-10 shows the market for a good before and after an excise tax is imposed. What does the triangular area C represent?
A) the deadweight loss accompanying the tax
B) the tax revenue derived from sellers
C) the tax revenue derived from buyers
D) the total tax revenue generated by the tax

Question

Use the figure below to answer the following question(s).
Figure 4-10

Figure 4-10 shows the market for a good before and after an excise tax is imposed. What does the triangular area C represent?
A) the deadweight loss accompanying the tax 
B) the tax revenue derived from sellers 
C) the tax revenue derived from buyers 
D) the total tax revenue generated by the tax

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following question(s).
Figure 4-10

Figure 4-10 shows the market for a good before and after an excise tax is imposed. What does the triangular area C represent?
A) the deadweight loss accompanying the tax 
B) the tax revenue derived from sellers 
C) the tax revenue derived from buyers 
D) the total tax revenue generated by the tax

Use the Figure Below to Answer the Following Question(s)