Assume That a Tax Is Levied on a Good and That

question 92

Multiple Choice

Assume that a tax is levied on a good and that the government uses the revenue to clean up lethal toxic waste that would cause irreparable harm to a large number of people.In this case,which of the following outcomes would NOT occur

• A)a decrease in consumer surplus to consumers of the taxed good
• B)a decrease in producer surplus to producers of the taxed good
• C)an increase in the total economic welfare of society
• D)a decrease in the total economic welfare of society

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Definitions:

Group-focused Technique

Strategies or methods employed to enhance or improve the dynamics, productivity, or cohesion within a group setting.

Organization Development

A deliberate attempt to enhance an organization's efficiency and sustainability by making changes to its operations and organizational framework.

Management by Objectives

A management strategy in which employees and managers collaborate to set clear, measurable goals that contribute to the overall objectives of the organization.

Role Conflict

A situation where there are incompatible demands placed upon a person relating to their job or social roles, leading to stress and difficulty in fulfilling the expectations of these roles.