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Which areas in the graph represent the excess burden (deadweight loss) of the tax? O A. D +G S1 OB. A + B + D

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Which areas in the graph represent the excess burden (deadweight loss) of the tax? O A. D +G S1 OB. A + B + D +G Amount of Tax O C. B + C + D+G A OD. C + D +G IN Price (dollars) P1 B Which areas represent the revenues collected by the government from the tax? C ............ m O A. E + F + G+H+1 H OB. B + C +E +F OC. A + B + C +D D OD. E + F + G :Q2 Q 1 Quantity of soft drinks Would this tax on soft drinks be considered efficient? O A. Yes, because it imposes a large excess burden (deadweight loss) relative to the tax revenue it raises. O B. No, because it imposes a small excess burden (deadweight loss) relative to the tax revenue it raises. O C. No, because it imposes a large excess burden (deadweight loss) relative to the tax revenue it raises. O D. Yes, because it imposes a small excess burden (deadweight loss)

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