Use the following to answer questions:
Figure: A Market with a Tax 
-(Figure: A Market with a Tax) Look at the figure A Market with a Tax. Before the tax is imposed, consumer surplus is equal to the areas:
Definitions:
Outstanding
Refers to shares that are currently issued, sold, and held by investors, excluding treasury shares held by the company itself.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.
Promissory Notes
A monetary tool comprising a formal pledge from one party to compensate another party with a specified amount of money, either upon request or at a predetermined future time.
Short-Term
Relating to or occurring over a brief period of time, typically less than one year.
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