Economics (AS & A Level) · May / June 2023 · Paper 12 · Question 10

A specific tax is placed upon each bottle of perfume sold. In the diagram, S is the supply curve before tax, S_t is the supply curve after tax. Which area represents that part of the tax revenue paid by producers?

1. AORWY
2. BPQUT
3. CPRWT
4. DQRWU

As printed in the paper