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

Maximum and minimum prices — practice question

A specific tax is imposed on every bottle of perfume sold. In the diagram, S represents the supply curve before tax, and St shows the supply curve after tax. Which area indicates the share of the tax revenue borne by producers?

  • AORWY
  • BPQUT
  • CPRWT
  • DQRWU

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