Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

A specific tax is levied on each bottle of perfume sold. In the diagram, SS shows the supply curve before tax, while StSt shows the supply curve after tax. Which area shows the part of the tax revenue borne by consumers?

  • AORWY
  • BPQUT
  • CPRWT
  • DQRWU

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