Suppose Max values a concert ticket at $45. Charles values the same concert ticket at $40. The pre-tax price of a concert ticket is $30. The government imposes a tax of $5 on each concert ticket, and the price rises to $35. The deadweight loss from the tax is .
a. $15.b. $10.c. $5.d. $0.

$10

Explanation:

Deadweight loss of tax is the loss in economic efficiency as a result of tax. It is the reduction in consumer and producer surplus as a result of tax.

Before the tax, consumer surplus :

For max = $45 - $30 = $15

For Charles = $40 - $30 = $10

Total consumer surplus = $25

After the tax, consumer surplus -

For Max = $45 - $35 = $10

For Charles = $40 - $35 = $5

Total consumer surplus = $15

Loss in consumer surplus = $25 - $15 = $10

I hope my answer helps you

107x106 is the answer