Figure 8-2 the Vertical Distance Between Points a and B Represents a Represents

question 97

Multiple Choice

Figure 8-2
The vertical distance between points A and B represents a tax in the market.
-Refer to Figure 8-2.The loss of consumer surplus associated with some buyers dropping out of the market as a result of the tax is

• A)$0.
• B)$1.50.
• C)$3.
• D)$4.50.

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The physical or mental effort exerted by humans to produce goods or perform services, often in exchange for wages.