Figure 8-4

-Refer to Figure 8-4.The benefit to the government is
A)measured by tax revenue and is represented by area A + B.
B)measured by tax revenue and is represented by area B + D.
C)measured by the net gain in total surplus and is represented by area B + D.
D)measured by the net gain in total surplus and is represented by area D + E.

Question

Figure 8-4
 
-Refer to Figure 8-4.The benefit to the government is
A)measured by tax revenue and is represented by area A + B. 
B)measured by tax revenue and is represented by area B + D. 
C)measured by the net gain in total surplus and is represented by area B + D. 
D)measured by the net gain in total surplus and is represented by area D + E.

Quizplus · Accepted Answer

The Answer of Figure 8-4
 
-Refer to Figure 8-4.The benefit to the government is
A)measured by tax revenue and is represented by area A + B. 
B)measured by tax revenue and is represented by area B + D. 
C)measured by the net gain in total surplus and is represented by area B + D. 
D)measured by the net gain in total surplus and is represented by area D + E.

Figure 8-4 -Refer to Figure 8-4.The Benefit to the Government Is