Suppose Hillary Values a Large Order of French Fries at $4

question 556

Multiple Choice

Suppose Hillary values a large order of French fries at $4. Bill values a large order of French fries at $7. The pre-tax price of a large order of French fries is $2. The government imposes a "fat tax" of $3 on each large order of French fries, and the price rises to $5. The deadweight loss from the tax is

• A)$4, and the deadweight loss comes from both Hillary and Bill.
• B)$4, and the deadweight loss comes only from Hillary because she does not buy a large French fries after the tax.
• C)$2, and the deadweight loss comes from both Hillary and Bill.
• D)$2, and the deadweight loss comes only from Hillary because she does not buy a large French fries after the tax.

---

Definitions:

Chronological Format

A method of organizing information or events in the order that they occurred in time.

Professional History

A record or summary of an individual's work experience and qualifications.

Candidate's Strength

The unique qualities or abilities that a job applicant possesses, making them a suitable match for a specific role.

Combination Format

A type of resume or document layout that merges elements of both chronological and functional formats, highlighting relevant skills while detailing work history.