Suppose That a Market Is Initially in Equilibrium $P = 90 - Q ^ { d }$

question 3

Multiple Choice

Suppose that a market is initially in equilibrium. The initial demand curve is $P = 90 - Q ^ { d }$ . The initial supply curve is $P = 2 Q ^ { 5 }$ . Suppose that the government imposes a $3 tax on this market. What is the change in consumer surplus due to the tax?

• A) $450.
• B) $420.50.
• C) $29.50.
• D) $0.50.

Understand the significance of a normal distribution in the context of intelligence scores.

Recognize the role of personality factors in influencing success among individuals with high intelligence.

Acknowledge the existence of multiple intelligences and the limitations of conventional IQ tests in measuring them.

Understand the concept of neurodiversity and its impact on our understanding of autism spectrum disorders.

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