In a supply and demand graph, the triangular area between the demand curve and the supply curve
Question:
In a supply and demand graph, the triangular area between the demand curve and the supply curve lost because of the imposition of a tax, price ceiling, or price floor is
a. the consumer surplus.
b. the producer surplus.
c. the marginal cost.
d. the deadweight loss.
e. the net gain to society from trading that good.
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