Figure 8-9
The vertical distance between points A and C represents a tax in the market.
-Refer to Figure 8-9.The consumer surplus with the tax is
A)$2,000.
B)$4,000.
C)$6,000.
D)$8,000.

Name: Figure 8-9 The vertical distance between points A and C represents a tax in the market. -Refer to Figure 8-9.The consumer surplus with the tax is A)$2,000. B)$4,000. C)$6,000. D)$8,000.
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Question

Figure 8-9
The vertical distance between points A and C represents a tax in the market. 
-Refer to Figure 8-9.The consumer surplus with the tax is
A)$2,000. 
B)$4,000. 
C)$6,000. 
D)$8,000.

Quizplus · Accepted Answer

The consumer surplus with the tax is $2,000, as it is the area above the price with tax and below the demand curve.

Figure 8-9 the Vertical Distance Between Points a and C Represents a Represents