The excess burden of a tax is $5,000 and the tax revenue from this tax is $15,000. The total burden of this tax is

A) $3,000.
B) $5,000.
C) $10,000.
D) $20,000.

Excess Burden

The cost to society created by market inefficiency, which can occur through such things as government intervention in the market or taxes that distort market outcomes.

Tax Revenue

The money collected by a government from its citizens and businesses through various forms of taxation.