For Good X,the Supply Curve Is the Typical Upward-Sloping Straight

question 222

Multiple Choice

For good X,the supply curve is the typical upward-sloping straight line,and the demand curve is the typical downward-sloping straight line.A tax of $15 per unit is imposed on good X.The tax reduces the equilibrium quantity in the market by 300 units.The deadweight loss from the tax is

• A) $1,750.
• B) $2,250.
• C) $3,000.
• D) $4,500.

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Definitions:

Vroom-Jago

A leadership model that focuses on how leaders make decisions and the level of involvement of team members in the decision-making process.

Contingency Approaches to Leadership

Theoretical frameworks suggesting that the effectiveness of leadership styles varies according to the situation and context in which they are applied.

Path-Goal Leadership Model

A theory that outlines how leaders can motivate employees to achieve their goals by choosing the most effective leadership style based on the situation, employee characteristics, and the task.

Achievement-Oriented Leadership

A leadership style focused on setting challenging goals and encouraging high performance.