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If a Pollution Tax in a Market with an External

question 180

Multiple Choice

If a pollution tax in a market with an external cost changes the market so that it produces the efficient level of output,which of the following occurs?
i.The supply curve shifts leftward.
ii.The price increases.
iii.The quantity produced decreases.


Definitions:

Ciliated CNS Neuroglia

Specialized cells in the central nervous system with hair-like structures, involved in moving fluid or debris across their surfaces.

Cerebrospinal Fluid

Clear, colorless body fluid found in the brain and spinal cord, providing cushioning and maintaining a stable environment.

Ependymal Cells

Glial cells that line the ventricles in the brain and the central canal of the spinal cord, involved in the production of cerebrospinal fluid.

Reaction Time

The duration it takes for an individual to respond to a stimulus.

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