Use the Following Information to Answer the Following Questions

question 9

Multiple Choice

Use the following information to answer the following questions.
The following graph depicts a market where a tax has been imposed.P_e was the equilibrium price before the tax was imposed,and Q_e was the equilibrium quantity.After the tax,P_C is the price that consumers pay,and P_S is the price that producers receive.Q_T units are sold after the tax is imposed.NOTE: The areas B and C are rectangles that are divided by the supply curve S_T.Include both sections of those rectangles when choosing your answers.

-Which areas represent consumer surplus before the tax is imposed?

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

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Definitions:

Syllogism

An approach to infer a conclusion based on two assumed or specified propositions.

Extended Argument

A complex, detailed argument involving multiple steps, premises, and conclusion designed to persuade or inform.

Syllogistic Step

A part of syllogistic reasoning, where a conclusion is drawn from two given or assumed propositions (premises).

Proposition

A declaration that presents a judgment or opinion perspective.