Which of the Following Statements Is False

question 134

Multiple Choice

Which of the following statements is false?

• A) As a result of a quota,consumers' surplus falls.
• B) As a result of a tariff,producers' surplus rises.
• C) As a result of a tariff,consumers' surplus falls.
• D) As a result of a quota,producers' surplus rises.
• E) none of the above

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Definitions:

Spiders

Arachnids characterized by eight legs and the ability to spin webs, often inducing fear or fascination.

Histrionic Personality Disorder

A mental disorder characterized by a pattern of excessive attention-seeking behaviors, usually beginning in early adulthood, including inappropriate seduction and an excessive need for approval.

OCD

Obsessive-Compulsive Disorder (OCD) is a mental health disorder characterized by recurring, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) that a person feels compelled to perform.

Incidence

Refers to the frequency or rate at which new cases of a particular disease or condition occur in a specified population over a certain period of time.