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The vertical distance between points A and C represents a tax in the market. 1000 1 Price Supply 900 800 700 600 500 400 300 200+ 100 Demand 10 20 30 40 50 60 70 80 90 100110 Quantity The amount of amount of deadweight loss as a result of the tax is a. $10,000. b. $4,000. C. $6,000. d. $5,000. QUESTION 5 The vertical distance between points A and C represents a tax in the market. 1000 Price Supply 900 800 700 600 500 400 300 200+ 100 Demand 10 20 30 40 50 60 70 80 90 100110 Quantity The imposition of the tax causes the quantity sold to a. increase by 20 units. b.decrease by 20 units. c. increase by 500 units. d. decrease by 500 units. The vertical distance between points A and C represents a tax in the market. 1000 1 Price Supply 900 800 IB T 700 600 500 400 300 200 100 Demand 10 20 30 40 50 60 70 80 90 100110 Quantity The imposition of the tax causes the price received by sellers to a. decrease from $600 to $300. ob.increase from $600 to $800. c. decrease from $800 to $300. d.remain unchanged at $600. QUESTION 7 The vertical distance between points A and C represents a tax in the market. 1000 1 Price Supply 900 800 700 600 500 400 300+---- 200+ 100+ Demand 10 20 30 40 50 60 70 80 90 100 110 Quantity The total surplus without the tax is ca. $12,000. b. $20,000 c. $40,000. d. $8,000