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The Figure Given Below Shows the Demand and Supply Curves

Question 34

Multiple Choice

The figure given below shows the demand and supply curves of labor.A per-unit tax imposed on the wage income of the employees shifts the supply curve of labor upward. The figure given below shows the demand and supply curves of labor.A per-unit tax imposed on the wage income of the employees shifts the supply curve of labor upward.   -Refer to Figure 18-2.The total revenue collected by the government from the per-unit tax is represented by the area: A) BFL<sub>1</sub>O. B) CEL<sub>2</sub>O. C) ABFG. D) ACEG.
-Refer to Figure 18-2.The total revenue collected by the government from the per-unit tax is represented by the area:


A) BFL1O.
B) CEL2O.
C) ABFG.
D) ACEG.

Correct Answer:

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