Figure 8-4

-Refer to Figure 8-4.Which area represents the benefit to the government (total tax revenue)
A)A + B
B)B + D
C)B + D + F
D)D + F

Name: Figure 8-4 -Refer to Figure 8-4.Which area represents the benefit to the government (total tax revenue) A)A + B B)B + D C)B + D + F D)D + F
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Question

Figure 8-4
 
-Refer to Figure 8-4.Which area represents the benefit to the government (total tax revenue)
A)A + B 
B)B + D 
C)B + D + F 
D)D + F

Quizplus · Accepted Answer

The area representing the benefit to the government (total tax revenue) is B, which is the area below the supply curve and above the equilibrium price.

Figure 8-4 -Refer to Figure 8-4.Which Area Represents the Benefit to the the Benefit