Use the following to answer questions:
Figure: Deadweight Loss
-(Figure: Deadweight Loss) Which of the areas represent the area of government revenue resulting from a $2 tax?
A) B + C
B) B + E
C) C + F
D) E + F

Question

Use the following to answer questions:
Figure: Deadweight Loss 
-(Figure: Deadweight Loss) Which of the areas represent the area of government revenue resulting from a $2 tax?
A) B + C 
B) B + E 
C) C + F 
D) E + F

Quizplus · Accepted Answer

The area of government revenue resulting from a $2 tax is represented by the area between the supply and demand curves at the equilibrium quantity. This area is represented by triangle B.

Use the Following to Answer Questions