Xtotal amount of consumersurplus lost due to the taxamount of consumersurplus lost due to the taxwhich is part of deadweightlossconsumer surplus beforethe tax is imposedamount of consumersurplus lost due to the taxwhich is part of tax revenuereceived by governmentconsumer surplus after thetax is imposedAm1. A + B +F2. A3. B + F4. F5. B

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total amount of consumer surplus lost due to the tax 1. A+B+F amount of consumer surplus lost due to the tax which is part of deadweight loss 2. A consumer surplus before 3. B+F the tax is imposed 4. F amount of consumer surplus lost due to the tax which is part of tax revenue received by government 5. B consumer surplus after the tax is imposed

total amount of consumer surplus lost due to the tax 1. A+B+F amount of consumer surplus lost due to the tax which is part of deadweight loss 2. A consumer surplus before 3. B+F the tax is imposed 4. F amount of consumer surplus lost due to the tax which is part of tax revenue received by government 5. B consumer surplus after the tax is imposed

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 6
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