Refer to Figure 17-10. As a result of the tariff, there is a deadweight loss that amounts to

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

Question

Refer to Figure 17-10. As a result of the tariff, there is a deadweight loss that amounts toA)  B.B)  E.C)  D + F.D)  B + D + E + F.

Stev-o Black · Accepted Answer

Final Answer : C, Explanation :  The deadweight loss from a tariff is represented by the loss of consumer and producer surplus that is not offset by the gain in government revenue, which is typically shown as the areas D and F in a supply and demand diagram.

Refer to Figure 17-10. As a result of the tariff, there is a deadweight loss that amounts to

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

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