A Ban on Imported Avocados Would Result In

question 65

Multiple Choice

A ban on imported avocados would result in:

• A)an increase in total surplus because domestic production will increase.
• B)no change in total surplus because the reduction in consumer surplus will offset the increase in producer surplus.
• C)a reduction in total surplus because a deadweight loss is created.
• D)it is impossible to say what will happen to total surplus.

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Definitions:

Encoding

The process by which information is transformed into formats that can be stored in memory.

Automatization

The process by which tasks become automatic after extensive practice, requiring less cognitive effort to perform.

Storage

In the context of cognition, refers to the retention of information in the memory over time.

Retrieval

The process of accessing and bringing into consciousness information stored in memory.