Choose the correct answer and explain why.

Chapter 8 D. lowest, lowest For questions 22, 23, and 24, use the picture below which represents a market after a government-imposed tax that neither the buyer nor the seller can recoup. A Supply D E F Demand Quantity Y+ 22. (2 points) In the picture above, which sections represent surplus experienced by some party other than the buyer or the seller? A. C+E B. B+C+D+E D C. B+D D. The unlabeled space 23. (2 points) In the picture above, which sections represent a deadweight loss? A. C+E B. B+C+D+E C. B+D D. The unlabeled space 24. (2 points) In the picture above, which sections represent surplus taken away from the buyer or the seller because of the tax? A. C+E B. B+C+D+E C. B+D D. The unlabeled space