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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

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