In the Diagram Above,D Represents the Original Demand Curve,S Represents

question 144

Multiple Choice

In the diagram above,D represents the original demand curve,S represents the original supply curve,and S' represents the supply curve once a per-unit tax is imposed.
-Refer to the diagram above.The total cost of the trades that do not occur after the tax is represented by the area

• A) IFBC.
• B) 0KCB
• C) JFBC.
• D) 0LIF.
• E) 0GJF.

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Definitions:

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