Figure 12.1
-Refer to Figure 12.1.Of the tax revenue collected by the government,the portion borne by consumers is represented by the area -.

Name: Figure 12.1 -Refer to Figure 12.1.Of the tax revenue collected by the government,the portion borne by consumers is represented by the area -.
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Question

Figure 12.1 
-Refer to Figure 12.1.Of the tax revenue collected by the government,the portion borne by consumers is represented by the area -.

Quizplus · Accepted Answer

The portion of tax revenue borne by consumers is typically represented by the area above the original supply curve and below the new equilibrium price, which is B + C.

Figure 12.1 -Refer to Figure 12.1.Of the Tax Revenue Collected by the Collected