Figure 18-1

-Refer to Figure 18-1.Area B + C + F + G represents
A)the portion of sales tax revenue borne by consumers.
B)the portion of sales tax revenue borne by producers.
C)the excess burden of the sales tax.
D)sales tax revenue collected by the government.

Question

Figure 18-1
 
-Refer to Figure 18-1.Area B + C + F + G represents
A)the portion of sales tax revenue borne by consumers. 
B)the portion of sales tax revenue borne by producers. 
C)the excess burden of the sales tax. 
D)sales tax revenue collected by the government.

Quizplus · Accepted Answer

Area B + C + F + G represents the total sales tax revenue collected by the government, as it includes both the portions borne by consumers and producers.

Figure 18-1 -Refer to Figure 18-1.Area B + C + F