The Following Figure Shows the Supply and Demand Curves in a Competitive

question 230

Multiple Choice

The following figure shows the supply and demand curves in a competitive market for a good. The government is considering a $1.50 tax on this good.

-Refer to the figure above.If the $1.50 tax is collected from the producers of this good,the deadweight loss of this taxation will be ________.

• A) $0.25
• B) $0.75
• C) $1.50
• D) $2

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A framework that combines multiple theories or concepts to provide a comprehensive understanding of a particular issue or phenomenon.

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