According to the Information Provided, If the Government Imposes a Tax

question 8

Multiple Choice

According to the information provided, if the government imposes a tax of $20 on every visit to the beach, the deadweight loss associated with the tax is:

• A)$23
• B)$26
• C)$48
• D)$15

---

Definitions:

Profits

The financial gains obtained when the revenues generated from a business activity exceed the expenses, costs, and taxes involved in sustaining the activity.

Control

The power to influence or direct people's behavior or the course of events.

Part-Time Workers

Employees who work fewer hours than a full-time schedule, typically by choice or due to the nature of the job, often resulting in reduced benefits and pay.

Voluntary Part-Timers

Individuals who choose to work part-time hours instead of a full-time schedule for personal reasons, such as flexibility or personal fulfillment.