The above diagram shows a market for a popular soft drink and how a tax will impact the market. Calculate the change in consumer surplus. $15.00 $18.75

Principles of Macroeconomics (MindTap Course List)
7th Edition
ISBN:9781285165912
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Consumers, Producers, And The Efficiency Of Markets
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2.00
1.75
$15.00
$18.75
$11.25
$22.50
-$18.75
1.50
1.30
1.10
P
50
Sun Drop
100
Calculate the change in consumer surplus.
D
The above diagram shows a market for a popular soft drink and how a tax will impact
the market.
Q
Transcribed Image Text:2.00 1.75 $15.00 $18.75 $11.25 $22.50 -$18.75 1.50 1.30 1.10 P 50 Sun Drop 100 Calculate the change in consumer surplus. D The above diagram shows a market for a popular soft drink and how a tax will impact the market. Q
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