Figure 8-6 the Vertical Distance Between Points a and B Represents a Represents

question 211

Multiple Choice

Figure 8-6
The vertical distance between points A and B represents a tax in the market.
-Refer to Figure 8-6.What happens to consumer surplus when the tax is imposed in this market?

• A)Consumer surplus falls by $3,600.
• B)Consumer surplus falls by $2,700.
• C)Consumer surplus falls by $1,800.
• D)Consumer surplus falls by $900.

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Definitions:

Categorical Proposition

A proclamation that either affirms or contradicts something concerning all elements of a particular class.

Hypothetical Proposition

A compound proposition that uses the connective “if . . . then.”

Disjunctive Proposition

A statement in logic that presents two or more alternatives, where the truth of at least one alternative makes the proposition true.

Contrapositive

A logical statement derived by negating and swapping the hypothesis and conclusion of the original conditional statement. If the original statement is "If P, then Q," the contrapositive is "If not Q, then not P."