Question

When calculating tax revenue calculate the area between the total price paid by blank and the net price received by blank from zero to the quantity traded?

Answer 1

consumers; suppliers

Step-by-step explanation:

Tax revenue is defined as the revenues collected from taxes on various different types of incomes. When calculating tax revenue calculate the area between the total price paid by consumers and the net price received by suppliers from zero to the quantity traded. This will provide the final tax revenue for the company.