Multiple Choice
For good X,the supply curve is the typical upward-sloping straight line,and the demand curve is the typical downward-sloping straight line.A tax of $15 per unit is imposed on good X.The tax reduces the equilibrium quantity in the market by 300 units.The deadweight loss from the tax is
A) $1,750.
B) $2,250.
C) $3,000.
D) $4,500.
Correct Answer:
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