Figure 8-6

-Refer to Figure 8-6.As a result of the tax,
A)consumer surplus decreases from $150 to $60.
B)producer surplus decreases from $125 to $45.
C)the market experiences a deadweight loss of $45.
D)All of the above are correct.

Question

Figure 8-6
 
-Refer to Figure 8-6.As a result of the tax,
A)consumer surplus decreases from $150 to $60. 
B)producer surplus decreases from $125 to $45. 
C)the market experiences a deadweight loss of $45. 
D)All of the above are correct.

Quizplus · Accepted Answer

The Answer of Figure 8-6
 
-Refer to Figure 8-6.As a result of the tax,
A)consumer surplus decreases from $150 to $60. 
B)producer surplus decreases from $125 to $45. 
C)the market experiences a deadweight loss of $45. 
D)All of the above are correct.

Figure 8-6 -Refer to Figure 8-6.As a Result of the Tax