Multiple Choice
Use the following to answer questions:
Figure: Taxes and Deadweight Loss
-(Figure: Taxes and Deadweight Loss) In the diagram, producer surpluses before and after the tax are ______ and ______, respectively.
A) A + B; D + E
B) A + B + D + F; D + F
C) D + E + F; F
D) B + C; D
Correct Answer:

Verified
Correct Answer:
Verified
Q37: Unlike price floors, subsidies:<br>A) cause surpluses.<br>B) discourage
Q38: With a subsidy, the price paid by
Q39: Every summer, Matt travels by air to
Q40: Use the following to answer questions:<br>Figure: Tax
Q41: If a $2 tax on cigarettes decreases
Q43: Use the following to answer questions:<br>Figure: Tax
Q44: When demand is more elastic than supply,
Q45: If demand is more elastic than supply,
Q46: Use the following to answer questions:<br>Figure: Demand
Q47: When the supply of a good is