Figure 8-1 -Refer to Figure 8-1. Suppose the Government Imposes a Tax

Multiple Choice

Figure 8-1
-Refer to Figure 8-1. Suppose the government imposes a tax of P' - P'''. The area measured by I + Y represents the

A) deadweight loss due to the tax.
B) loss in consumer surplus due to the tax.
C) loss in producer surplus due to the tax.
D) total surplus before the tax.