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Figure 8-2 the Vertical Distance Between Points C and D Represents a Represents

Question 64

Multiple Choice

Figure 8-2
The vertical distance between points C and D represents a tax in the market.
Figure 8-2 The vertical distance between points C and D represents a tax in the market. ​   ​ ​ ​ ​ -Refer to Figure 8-2. Consumer surplus without the tax is A) $24, and consumer surplus with the tax is $6. B) $6, and consumer surplus with the tax is $24. C) $16, and consumer surplus with the tax is $4. D) $4, and consumer surplus with the tax is $16.



-Refer to Figure 8-2. Consumer surplus without the tax is


A) $24, and consumer surplus with the tax is $6.
B) $6, and consumer surplus with the tax is $24.
C) $16, and consumer surplus with the tax is $4.
D) $4, and consumer surplus with the tax is $16.

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