Figure 15-8
-Refer to Figure 15-8. What is the area of deadweight loss?
A)the rectangle (A-
C)*X
B)the triangle 1/2[(A-
C)*(Y-
X)]
C)the triangle 1/2[(A-
B)*(Y-
X)]
D)the rectangle (A-
C)*X plus the triangle 1/2[(A-
C)*(Y-

Question

Figure 15-8 
-Refer to Figure 15-8. What is the area of deadweight loss?
A)the rectangle (A-
C)*X 
B)the triangle 1/2[(A-
C)*(Y-
X)] 
C)the triangle 1/2[(A-
B)*(Y-
X)] 
D)the rectangle (A-
C)*X plus the triangle 1/2[(A-
C)*(Y-

Quizplus · Accepted Answer

The deadweight loss is represented by the triangle formed between the supply and demand curves, which is calculated as 1/2[(A-C)*(Y-X)], where (A-C) is the height and (Y-X) is the base of the triangle.

Figure 15-8 -Refer to Figure 15-8. What Is the Area of Deadweight