With an Acreage Limitation Program (Compared with the Initial Situation

question 14

Multiple Choice

With an acreage limitation program (compared with the initial situation of no program) , which of the following statements is true?

• A)The impact on the government's budget is zero, consumer surplus increases and producer surplus decreases.
• B)The impact on the government's budget is positive, consumer surplus decreases and producer surplus increases.
• C)The impact on the government's budget is negative, consumer surplus increases and producer surplus decreases.
• D)The impact on the government's budget is negative, consumer surplus decreases, producer surplus increases, and there is a deadweight loss.

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Definitions:

Drinking Water

H2O that is safe and suitable for human consumption, free from contaminants and pathogens.

Health Promotion

The process of enabling people to increase control over, and to improve, their health through lifestyle changes and societal interventions.

External Variables

Factors outside the control of an individual or study that can influence outcomes or behaviors.

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.