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

Refer to Figure 4-10. The accompanying graph shows the market for a good before and after an excise tax is imposed. The total tax revenue generated is indicated by
A) area A + area B + area D.
B) area A + area B + area C.
C) area A + area B.
D) area D only.

Question

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

Refer to Figure 4-10. The accompanying graph shows the market for a good before and after an excise tax is imposed. The total tax revenue generated is indicated by
A) area A + area B + area D. 
B) area A + area B + area C. 
C) area A + area B. 
D) area D only.

Quizplus · Accepted Answer

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

Refer to Figure 4-10. The accompanying graph shows the market for a good before and after an excise tax is imposed. The total tax revenue generated is indicated by
A) area A + area B + area D. 
B) area A + area B + area C. 
C) area A + area B. 
D) area D only.

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