PriceTaxB.Amountof the taxF.DQuantityClick to view larger image.Look at the provided figure. What area(s) represent the tax revenue after the tax?OA+ BO BB + COA + B + C PriceТаxAmountof the taxC.QuantityClick to view larger image.Look at the provided figure. What area(s) represent producer surplus after the tax?OFODE + FD + C

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Price Таx A B Amount of the tax Quantity Click to view Jarger image

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Price
Tax
B.
Amount
of the tax
F.
D
Quantity
Click to view larger image.
Look at the provided figure. What area(s) represent the tax revenue after the tax?
OA+ B
O B
B + C
OA + B + C

Price
Таx
Amount
of the tax
C.
Quantity
Click to view larger image.
Look at the provided figure. What area(s) represent producer surplus after the tax?
OF
OD
E + F
D + C

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