Refer to Figure 17-11. The deadweight loss created by the tariff is represented by the area

A) B.
B) D + F.
C) D + E + F.
D) B + D + E + F.

Question

Refer to Figure 17-11. The deadweight loss created by the tariff is represented by the areaA)  B.B)  D + F.C)  D + E + F.D)  B + D + E + F.

Karl Nathaniel Pambou · Accepted Answer

Final Answer : B, Explanation :  The deadweight loss from a tariff is represented by the areas of the triangles that show the loss in consumer and producer surplus that is not offset by the tariff revenue, which are typically labeled as D and F.

Refer to Figure 17-11. The deadweight loss created by the tariff is represented by the area

A) B.
B) D + F.
C) D + E + F.
D) B + D + E + F.

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