Figure 4-25 Price P3 B C P1 Tax E P2 F H. Quantity Q2 Refer to Figure 4-25 4-25.png. The benefit to the government of imposing the tax is O measured by tax revenue and is represented by area A + B. O measured by tax revenue and is represented by area B+ D. O measured by the net gain in total surplus and is represented by area D + E. O measured by the net gain in total surplus and is represented by area B+ D.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Figure 4-25
Price
A
P3
Тах
P1
E
P2
F
D
Quantity
Q2
Q1
Refer to Figure 4-25 4-25.png. The benefit to the government of imposing the tax is
measured by tax revenue and is represented by area A + B.
O measured by tax revenue and is represented by area B+ D.
measured by the net gain in total surplus and is represented by area D + E.
measured by the net gain in total surplus and is represented by area B + D.
Transcribed Image Text:Figure 4-25 Price A P3 Тах P1 E P2 F D Quantity Q2 Q1 Refer to Figure 4-25 4-25.png. The benefit to the government of imposing the tax is measured by tax revenue and is represented by area A + B. O measured by tax revenue and is represented by area B+ D. measured by the net gain in total surplus and is represented by area D + E. measured by the net gain in total surplus and is represented by area B + D.
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