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, SS is the supply curve before the tax, while StSt is the supply curve after the tax. Which area shows the revenue the government receives from the tax?

  • AORWY
  • BPQUT
  • CPRWT
  • DQRWU

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