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Economics · May / June 2024 · Paper 12 · Question 19

2281Mixed economic system

The diagram shows the impact of a tax introduced on a product. Which area represents the amount of tax paid by the consumer?

  1. AHP₁FG
  2. BHP₂EG
  3. COP₂EQ₂
  4. DP₁P₂EF

As printed in the paper

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Correct answer: D. P₁P₂EF

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