Use the Following Information to Answer the Next Fifteen Questions

question 78

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.

-Which areas represent producer surplus after the tax is imposed?

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

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Definitions:

Binocular Cues

Visual information taken in by two eyes that enable a sense of depth and three-dimensional perception.

Monocular Cues

Visual information that can be perceived with one eye alone and helps in judging depth and distance, including texture gradient, relative size, and motion parallax.

Dichromatic Cues

Visual information that helps in the perception of color, particularly in individuals with dichromacy, which is a form of color blindness featuring two instead of three cone cell types for color vision.

Phi

Represents the Golden Ratio, approximately equal to 1.618, which is considered aesthetically pleasing in art and architecture; also a symbol used in psychology by Wolfgang Köhler for the phi phenomenon, an optical illusion of perceived motion.