Use the Following Information to Answer the Next Fifteen Questions

question 53

Multiple Choice

Use the following information to answer the next fifteen questions.
The following graph depicts a market where a tax has been imposed. Pₑ was the equilibrium price before the tax was imposed, and Qₑ was the equilibrium quantity. After the tax, PC is the price that consumers pay, and PS is the price that producers receive. QT units are sold after the tax is imposed. NOTE: The areas B and C are rectangles that are divided by the supply curve ST. Include both sections of those rectangles when choosing your answers.

-What areas represent the deadweight loss created as a result of the tax?

• A) A + B + C + E + F + G
• B) A + C
• C) A + B + C + E
• D) F + G
• E) B + C + F + G

---

Definitions:

Pineal Body

A tiny gland in the brain that secretes melatonin, a hormone that controls sleep cycles.

Under Sternum

Refers to the area located beneath the sternum or breastbone, a central location in the chest.

Thymus

A gland located in the upper chest that helps develop the body's immune system in early life.

T Lymphocyte Cells

A type of white blood cell critical for immune system function, involved in directly attacking infected cells as well as coordinating the immune response.