New 55% Off on All Courses - Enroll Now! Click Here

    Question

    If a tax is placed on the product in this market, tax

    revenue paid by the buyers is the area
    A B + C + E + F. Correct Answer Incorrect Answer
    B B. Correct Answer Incorrect Answer
    C B + C. Correct Answer Incorrect Answer
    D A. Correct Answer Incorrect Answer
    E C. Correct Answer Incorrect Answer

    Solution

    Tax revenue paid by buyers is B.

    Practice Next