Refer to the Graph Shown

question 114

Multiple Choice

Refer to the graph shown. Assume the market is initially in equilibrium at point j in the graph but the imposition of a per-unit tax on this product shifts the supply curve up from S₀ to S₁. The welfare loss triangle from this tax is represented by area:

• A)ahf.
• B)eig.
• C)hji.
• D)ajg.