Suppose a Tax of $3 Per Unit Is Imposed on a Good.The

question 162

Multiple Choice

Suppose a tax of $3 per unit is imposed on a good.The supply curve is a typical upward-sloping straight line,and the demand curve is a typical downward-sloping straight line.The tax decreases consumer surplus by $3,900 and decreases producer surplus by $3,000.The tax generates tax revenue of $6,000.The tax decreased the equilibrium quantity of the good from

• A)2,000 to 1,500.
• B)2,400 to 2,000.
• C)2,600 to 2,000.
• D)3,000 to 2,400.

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Definitions:

Overload Conditions

Situations where electrical or mechanical components are subjected to currents or forces greater than they are designed to handle, potentially causing damage.

Electrical Jumper

A conductor used to close or bypass part of an electrical circuit or to connect two points together.

Line

In electrical contexts, "line" refers to a conductor or circuit that carries electric current from the power source to a load or from one part of a system to another.

Load Sides

Refers to connections or aspects of an electrical system that are downstream from the power supply and are responsible for drawing power.