-Which of the Following Is NOT True About the $3

question 56

Multiple Choice

-Which of the following is NOT true about the $3 per pizza tax illustrated in the above figure?

• A) It creates a deadweight loss of $135,000.
• B) It decreases producer surplus by $45,000.
• C) It decreases consumer surplus by $90,000.
• D) None of the above because they are all true.

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Definitions:

Nonpolar

Describes molecules that do not have a separation of electric charge, leading to a lack of electric poles and evenly distributed electrical charges.

Lewis Structures

Diagrams that show the bonding between atoms of a molecule and the lone pairs of electrons that may exist in the molecule, illustrating the valence electron arrangements.

Nitric Acid

A highly corrosive and toxic strong acid with the formula HNO3, used in the production of fertilizers, explosives, and in various nitration processes.

Formal Charges

The assignment of a charge to an atom within a molecule based on the assumption that electrons in chemical bonds are evenly distributed amongst atoms.