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A Tax of $20 Per Unit Is Imposed on a Certain

Question 128

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A tax of $20 per unit is imposed on a certain market.The tax reduces the equilibrium quantity in the market by 200 units.What is the deadweight loss from the tax A)$500 B)$2000 C)$3500 D)$4000

A tax of $20 per unit is imposed on a certain market.The tax reduces the equilibrium quantity in the market by 200 units.What is the deadweight loss from the tax


A) $500
B) $2000
C) $3500
D) $4000

Correct Answer:

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