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-To Help Pay for the Cost of Sport Related Injuries

Question 128

Multiple Choice

  -To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. Using the above figure, the area that equals the lost consumer surplus from this tax on sports equipment is A)  bcd. B)  P<sub>1</sub>P<sub>2</sub>cd. C)  P<sub>2</sub>P<sub>3</sub>ec. D)  ced.
-To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. Using the above figure, the area that equals the lost consumer surplus from this tax on sports equipment is


A) bcd.
B) P1P2cd.
C) P2P3ec.
D) ced.

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