Figure 9-11

-Refer to Figure 9-11.What is the amount of deadweight loss caused by the tariff
A)$100
B)$200
C)$400
D)$500

Name: Figure 9-11 -Refer to Figure 9-11.What is the amount of deadweight loss caused by the tariff A)$100 B)$200 C)$400 D)$500
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Question

Figure 9-11
 
-Refer to Figure 9-11.What is the amount of deadweight loss caused by the tariff
A)$100 
B)$200 
C)$400 
D)$500

Quizplus · Accepted Answer

The deadweight loss caused by a tariff is typically represented by the area of two small triangles on a supply and demand graph. In this case, the correct amount of deadweight loss is $200.

Figure 9-11 -Refer to Figure 9-11.What Is the Amount of Deadweight Loss