Figure 8-10
-Refer to Figure 8-10.Suppose the government imposes a tax that reduces the quantity sold in the market after the tax to Q2.Without the tax,the producer surplus is
A)(P5-0)x Q5.
B)1/2 x (P5-0)x Q5.
C)(P8-0)x Q2.
D)1/2 x (P8-0)x Q2.

Question

Figure 8-10 
-Refer to Figure 8-10.Suppose the government imposes a tax that reduces the quantity sold in the market after the tax to Q2.Without the tax,the producer surplus is
A)(P5-0)x Q5. 
B)1/2 x (P5-0)x Q5. 
C)(P8-0)x Q2. 
D)1/2 x (P8-0)x Q2.

Quizplus · Accepted Answer

The Answer of Figure 8-10 
-Refer to Figure 8-10.Suppose the government imposes a tax that reduces the quantity sold in the market after the tax to Q2.Without the tax,the producer surplus is
A)(P5-0)x Q5. 
B)1/2 x (P5-0)x Q5. 
C)(P8-0)x Q2. 
D)1/2 x (P8-0)x Q2.

Figure 8-10 -Refer to Figure 8-10.Suppose the Government Imposes a Tax That