Question 40 Please refer to the description of a tax on a market, represented by the graphic Consumer surplus before the tax is represented by the area(s). Check all that apply. O H O E L.

Question 40<br>Please refer to the description of a tax on a market, represented by the graphic<br>Consumer surplus before the tax is represented by the area(s).<br>Check all that<br>apply.<br>O H<br>O E<br>L.<br>

Extracted text: Question 40 Please refer to the description of a tax on a market, represented by the graphic Consumer surplus before the tax is represented by the area(s). Check all that apply. O H O E L.

The vertical distance between points A and B represents a per-unit tax in the market.<br>Price<br>12<br>11<br>10 tc<br>Supply<br>8-<br>D<br>7-<br>H,<br>G<br>4<br>L<br>3-<br>B<br>2<br>1-<br>Demand<br>05 1 13 2 25 3 35 4 45 5<br>Deaetity<br>E.<br>..........<br>+++++<br>

Extracted text: The vertical distance between points A and B represents a per-unit tax in the market. Price 12 11 10 tc Supply 8- D 7- H, G 4 L 3- B 2 1- Demand 05 1 13 2 25 3 35 4 45 5 Deaetity E. .......... +++++

Jun 10, 2022

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Question 40 Please refer to the description of a tax on a market, represented by the graphic Consumer surplus before the tax is represented by the area(s). Check all that apply. O H O E L.

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