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

Question 27

Multiple Choice

Figure 8-2
Figure 8-2 -Refer to Figure 8-2.Which of the following equations is valid for the deadweight loss of the tax? A) Deadweight loss = (1/2) (P₂ - P₁) (Q₂ + Q₁) B) Deadweight loss = (1/2) (P₃ - P₁) (Q₂ + Q₁) C) Deadweight loss = (1/2) (P₃ - P₂) (Q₂ - Q₁) D) Deadweight loss = (1/2) (P₃ - P₁) (Q₂ - Q₁)
-Refer to Figure 8-2.Which of the following equations is valid for the deadweight loss of the tax?


A) Deadweight loss = (1/2) (P₂ - P₁) (Q₂ + Q₁)
B) Deadweight loss = (1/2) (P₃ - P₁) (Q₂ + Q₁)
C) Deadweight loss = (1/2) (P₃ - P₂) (Q₂ - Q₁)
D) Deadweight loss = (1/2) (P₃ - P₁) (Q₂ - Q₁)

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