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

Question 107

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. Producer surplus without the tax is A) $16, and producer surplus with the tax is $4. B) $4, and producer surplus with the tax is $16. C) $24, and producer surplus with the tax is $6. D) $6, and producer surplus with the tax is $24.



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


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

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