Figure 8-7 the Vertical Distance Between Points a and B Represents a Represents

question 388

Multiple Choice

Figure 8-7
The vertical distance between points A and B represents a tax in the market.

-Refer to Figure 8-7.As a result of the tax,consumer surplus decreases by

• A) $65, producer surplus decreases by $85, tax revenue is $120, and deadweight loss is $30.
• B) $75, producer surplus decreases by $75, tax revenue is $120, and deadweight loss is $30.
• C) $80, producer surplus decreases by $80, tax revenue is $120, and deadweight loss is $40.
• D) $120, producer surplus decreases by $120, tax revenue is $200, and deadweight loss is $40.

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Definitions:

Extremely-Low Birthweight

Refers to newborns who weigh less than 1000 grams (about 2.2 pounds) at birth, often associated with premature birth and requiring specialized medical care.

Grams

A metric unit of mass equal to one thousandth of a kilogram.

Alleles

Different forms of a gene that exist for a particular trait, where variation can lead to differences in the expressed features of organisms.

Teratogens

Substances that during pregnancy can cause development disorders or birth defects in the unborn child.