IB Economics Unit 2.4: Microeconomics - Government Intervention (id: aa48e62a4)

本题目来源于试卷: IB Economics Unit 2.4: Microeconomics - Government Intervention，类别为 IB经济学

[单选题]

Calculate the deadweight loss incurred from the subsidy in the diagram above.

A. £7 500 000
B. £17 500 000
C. £1 500 000
D. £ £750 000


参考答案:  D


本题详细解析:

D

The deadweight loss is equal to:

${\displaystyle \frac{(newprice-originalprice)\times (newquantity-originalquantity)}{2}}$

Choice A is the cost of the subsidy.

Choice B is the total revenue after the subsidy is imposed.

Choice C is the result of the above equation, omitting the step of dividing it by two.

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