Suppose a Tax of $0

question 59

Multiple Choice

Suppose a tax of $0.10 per unit on a good creates a deadweight loss of $100.If the tax is increased to $0.25 per unit,the deadweight loss from the new tax would be

• A)$200.
• B)$250.
• C)$475.
• D)$625.

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Definitions:

Primary Eudicot

A subgroup of eudicots, plants that are part of a larger group of flowering plants characterized by seeds with two embryonic leaves or cotyledons.

Periderm

A protective tissue in plants that replaces the epidermis in parts of the plant body that have ceased to elongate.

Lateral Meristems

Plant tissue found in the stems and roots of plants, responsible for thickness growth.

Vascular Cambium

A layer of plant tissue located between the xylem and phloem that contributes to the growth in thickness (secondary growth) of stems and roots.