In Which of the Following Instances Would the Deadweight Loss

question 63

Multiple Choice

In which of the following instances would the deadweight loss of the tax on airline tickets increase by a factor of 9?

• A)The tax on airline tickets increases from $20 per ticket to $60 per ticket.
• B)The tax on airline tickets increases from $20 per ticket to $90 per ticket.
• C)The tax on airline tickets increases from $15 per ticket to $60 per ticket.
• D)The tax on airline tickets increases from $15 per ticket to $135 per ticket.

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Definitions:

Tarsals

A group of seven bones in the foot situated between the lower leg bones (tibia and fibula) and the metatarsal bones, playing a key role in the structure and function of the foot.

Axial Skeleton

The part of the skeleton that consists of the bones of the head and trunk of a vertebrate.

Appendicular Skeleton

Part of the skeleton that includes the bones of the limbs and the pectoral and pelvic girdles, facilitating movement.

Cavitiy

A hollow space within the body or one of its organs; however, the correct spelling is "cavity."