Figure 8-11 -Refer to Figure 8-11.Suppose Q₁ = 4;Q₂ = 7;P₁ =

question 85

Multiple Choice

Figure 8-11
-Refer to Figure 8-11.Suppose Q₁ = 4;Q₂ = 7;P₁ = $6;P₂ = $8;and P₃ = $10.Then,when the tax is imposed,

• A)the government collects $28 in tax revenue.
• B)producer surplus decreases by $13.
• C)consumer surplus decreases by $11.
• D)the deadweight loss amounts to $9.

---

Definitions:

Busing

The transportation of students to schools outside their local school districts as a means of achieving racial integration in public schools.

Domestic Policy

Governmental policies addressing the internal matters of a country, such as education, healthcare, and infrastructure.

Liberal Agenda

A set of political and social objectives associated with liberalism, typically emphasizing individual rights, equality, and government intervention for social welfare.

Conservative Goals

Objectives typically pursued by conservative political or social movements, emphasizing tradition, stability, limited government intervention, and free-market principles.