Figure 8-2 -Refer to Figure 8-2.Which of the Following Equations Is Valid

Multiple Choice

Figure 8-2

-Refer to Figure 8-2.Which of the following equations is valid for the loss in producer surplus caused by the tax?

A) Loss of producer surplus = (1/2) (P₂ + P₁) (Q₁ + Q₂) .
B) Loss of producer surplus = (1/2) (P₂ + P₁) (Q₁ - Q₂) .
C) Loss of producer surplus = (1/2) (P₂ - P₁) (Q₁ + Q₂) .
D) Loss of producer surplus = (1/2) (P₂ - P₁) (Q₁ - Q₂) .