Figure 9-16.The figure below illustrates a tariff.On the graph,Q represents quantity and P represents price.
-Refer to Figure 9-16.The area C + D + E + F represents
A)the decrease in consumer surplus caused by the tariff.
B)the decrease in total surplus caused by the tariff.
C)the deadweight loss of the tariff minus government revenue raised by the tariff.
D)the deadweight loss of the tariff plus government revenue raised by the tariff.

Question

Figure 9-16.The figure below illustrates a tariff.On the graph,Q represents quantity and P represents price. 
-Refer to Figure 9-16.The area C + D + E + F represents
A)the decrease in consumer surplus caused by the tariff. 
B)the decrease in total surplus caused by the tariff. 
C)the deadweight loss of the tariff minus government revenue raised by the tariff. 
D)the deadweight loss of the tariff plus government revenue raised by the tariff.

Quizplus · Accepted Answer

The Answer of Figure 9-16.The figure below illustrates a tariff.On the graph,Q represents quantity and P represents price. 
-Refer to Figure 9-16.The area C + D + E + F represents
A)the decrease in consumer surplus caused by the tariff. 
B)the decrease in total surplus caused by the tariff. 
C)the deadweight loss of the tariff minus government revenue raised by the tariff. 
D)the deadweight loss of the tariff plus government revenue raised by the tariff.