Figure 9-16

question 255

Multiple Choice

Figure 9-16.The figure below illustrates a tariff.On the graph,Q represents quantity and P represents price.
-Refer to Figure 9-16.The tariff

• A)decreases producer surplus by the area C and decreases consumer surplus by the area C + D + E + F.
• B)decreases producer surplus by the area C + D and decreases consumer surplus by the area D + E + F.
• C)increases producer surplus by the area C and decreases consumer surplus by the area C + D + E + F.
• D)increases producer surplus by the area B + C and decrease consumer surplus by the area D + E + F.

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Definitions:

Ground

The solid surface of the Earth, or a reference point in electrical engineering for a return path for electric current.

Earth's Water

The total amount of water found on, under, and above the surface of the Earth, including oceans, ice caps, groundwater, lakes, and atmospheric water vapor.

Fresh Water

Water that has low concentrations of dissolved salts and other total dissolved solids, typically found in lakes, rivers, and groundwater.

Freshwater Lake

A body of water that has low concentrations of salts, typically found inland and not connected to the ocean.