Figure 8-3
The vertical distance between points A and C represents a tax in the market.
-Refer to Figure 8-3.The amount of tax revenue received by the government is equal to the area
A)P3ACP1.
B)ABC.
C)P2DAP3.
D)P1CDP2.

Question

Figure 8-3
The vertical distance between points A and C represents a tax in the market. 
-Refer to Figure 8-3.The amount of tax revenue received by the government is equal to the area
A)P3ACP1. 
B)ABC. 
C)P2DAP3. 
D)P1CDP2.

Quizplus · Accepted Answer

The amount of tax revenue received by the government is equal to the area of the rectangle P3ACP1.

Figure 8-3 the Vertical Distance Between Points a and C Represents a Represents