ECN437AreaofaTriangle - good demanded by 100 units (from...

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ECN437 Area of a Triangle The area of a right triangle is given by the formula: area = base*height/2 For example, a triangle with base=5 and height=8 would have an area of  5*8/2 = 20. As another example, a $0.50 tax that reduces the quantity of a 
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Unformatted text preview: good demanded by 100 units (from 225 to 125 in the diagram below) would have a deadweight loss triangle with area 100*0.50/2 = $25....
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This note was uploaded on 04/05/2012 for the course ECN 437 taught by Professor Peterwilcoxen during the Spring '12 term at Syracuse.

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