A. B + C + E + F
B. B
C. B + C
D. A
Related Mcqs:
- Refer to Exhibit 4. If a tax is placed on the product in this market tax revenue paid by the sellers is the area ?
A. C + F
B. A
C. B
D. C - Refer to Exhibit 4. If there is no tax placed on the product in this market total surplus is the area ?
A. B + C + E + F
B. E + F
C. A + B + C + D
D. A + B + C + D + E + F - Refer to Exhibit 4. If a tax is placed on the product in this market. deadweight loss is the area ?
A. B + C + E + F
B. E + F
C. B + C
D. A + B + C + D - Refer to Exhibit 4. If a tax is placed on the product in this market consumer surplus is the area ?
A. D
B. A
C. A + B + E
D. A + B +C + D - Refer to Exhibit 4. If there is no tax placed on the product in this market, producer surplus is the area ?
A. A + B + E
B. D
C. C + F
D. C + D + F - Refer to Exhibit 4. If a tax is placed on the product in this market, producer surplus is the area?
A. A + B + E
B. A + B + C + D
C. A
D. D - Refer to Exhibit 4. If a tax is placed on the product in this market total surplus is the area ?
A. A + B + C + D+ E +F
B. A + B + C + D
C. A + D
D. B + C + E + F - Refer to Exhibit 4. If there is no tax placed on the produced in this market consumer surplus is the area ?
A. C + D + F
B. A
C. A + B + E
D. D + C + B - Refer to Exhibit 4. Which of the following is true with regard to the burden of the tax in Exhibit 4 ?
A. The buyers pay a larger portion of the tax because demand is more inelastic than supply
B. The sellers pay a larger portion of the tax because supply is more elastic than demand
C. The buyers pay a larger portion of the tax because demand is more elastic then supply
D. The sellers pay a larger portion of the tax because supply is more inelastic than demand - When a tax distorts incentives to buyers and sellers so that fewer goods are produced and sold than otherwise the tax has ?
A. caused a deadweight loss
B. decreased equity
C. generated no tax revenue
D. increased efficiency
