-The dead-weight loss of the tariff to the country is:
A) area c + d + e + f.
B) area d + e + f.
C) area d + f.
D) area d.
E) None of the above

Question

-The dead-weight loss of the tariff to the country is:
A) area c + d + e + f. 
B) area d + e + f. 
C) area d + f. 
D) area d. 
E) None of the above

Quizplus · Accepted Answer

The dead-weight loss of a tariff to the country imposing it is represented by the areas of consumer and producer surplus that are lost and not transferred to any party, which are typically the areas of the triangles formed due to the reduction in quantity traded. These areas are generally labeled as d and f in standard economic diagrams illustrating the effects of tariffs.

-The Dead-Weight Loss of the Tariff to the Country Is