Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Refer to Figure 8-9. The loss of producer surplus as a result of the tax is a. $3,000. b. $6,000. c. $9,000. d. $12,000.

Sagot :

The loss in producer surplus as a result of the tax given the information in the diagram is  $9000.

What is the loss in the producer surplus?

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

The dead weight loss of tax can be determined by calculating the reduction in total surplus as a result of the tax

Loss = (1/2 x 600 x 40) - (1/2 x 300 x 20)

12000  - 3000 = $9000

Please find attached the complete question. To learn more about surplus, please check: https://brainly.com/question/25816093

View image ewomazinoade
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.