Figure 8-4

-Refer to Figure 8-4.Which area represents consumer surplus after the tax is levied on the consumer
A)A
B)A + B
C)A + B + C
D)D + E + F

Name: Figure 8-4 -Refer to Figure 8-4.Which area represents consumer surplus after the tax is levied on the consumer A)A B)A + B C)A + B + C D)D + E + F
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Question

Figure 8-4
 
-Refer to Figure 8-4.Which area represents consumer surplus after the tax is levied on the consumer
A)A 
B)A + B 
C)A + B + C 
D)D + E + F

Quizplus · Accepted Answer

Consumer surplus after the tax is levied is represented by the area above the price paid by consumers and below the demand curve, which is area A.

Figure 8-4 -Refer to Figure 8-4.Which Area Represents Consumer Surplus After the Consumer