Figure 8-19 the Vertical Distance Between Points a and B Represents the Represents

question 48

Multiple Choice

Figure 8-19
The vertical distance between points A and B represents the original tax.
-Refer to Figure 8-19.The original tax can be represented by the vertical distance AB.Suppose the government is deciding whether to lower the tax to CD or raise it to FG.Which of the following statements is not correct?

• A)Compared to the original tax,the larger tax will increase tax revenue.
• B)Compared to the original tax,the smaller tax will decrease deadweight loss.
• C)Compared to the original tax,the smaller tax will decrease tax revenue.
• D)Compared to the original tax,the larger tax will increase deadweight loss.

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Definitions:

Group Emotional Intelligence

The collective ability of a group to manage, understand, and use emotional knowledge effectively to achieve goals.

Micromanagement

A management style where a manager closely observes or controls the work of subordinates, often excessively.

Group Efficacy

The collective belief in a group's capability to achieve its goals.

Team-Based Organization

A type of organizational structure where activities and tasks are completed by groups of employees collaborating towards common goals.