Exhibit 7-9
-Refer to Exhibit 7-9. The deadweight loss of a tax is area:

Name: Exhibit 7-9 -Refer to Exhibit 7-9. The deadweight loss of a tax is area:
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Question

​Exhibit 7-9 
-Refer to Exhibit 7-9. The deadweight loss of a tax is area:

Quizplus · Accepted Answer

The deadweight loss of a tax is the area of the triangles c and e. Therefore, the correct answer is C, which is the sum of these two areas. Neither a, b, d, nor f represent deadweight loss.

​Exhibit 7-9 -Refer to Exhibit 7-9. the Deadweight Loss of a Tax

Exhibit 7-9 -Refer to Exhibit 7-9. the Deadweight Loss of a Tax