The supply curve for motor oil is the typical upward-sloping straight line, and the demand curve for motor oil is the typical downward-sloping straight line. When motor oil is taxed, the area on the relevant supply-and-demand graph that represents the deadweight loss is ( ).
A、larger than the area that represents consumer surplus in the absence of the tax
B、larger than the area that represents government’s tax revenue
C、a triangle
D、All of the above are correct
A、larger than the area that represents consumer surplus in the absence of the tax
B、larger than the area that represents government’s tax revenue
C、a triangle
D、All of the above are correct
微观经济学(全英)
章节列表
1. General Overview of Economics282. Principles of Economics353. Circular-Flow Diagram and PPF204. Interdependence and Trade205. Demand and Supply756. Elasticity717. Price Control and Taxation408. CS, PS and the Efficiency of Markets109. Costs of Taxation2510. International Trade3011. Externalities3112. Public Goods and Common Resources2013. The Costs of Production20