A Tariff on Avocadoes ______________ the Price of Avocadoes,_____________ Consumers

question 30

Multiple Choice

A tariff on avocadoes ______________ the price of avocadoes,_____________ consumers' surplus for avocado buyers,_______________ producers' surplus of avocado growers and __________________ tariff revenue.Because the loss to _____________ is more than the gain to ___________________,there is a net loss to society.

• A) raises; increases; decreases; generates; producers; consumers and government
• B) lowers; increases; decreases; does not generate; producers and government; consumers
• C) raises; increases; decreases; does not generate; producers and government; consumers
• D) raises; decreases; increases; generates; consumers; producers and government

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Definitions:

Variability

The extent to which data points in a dataset differ from each other and from their average value, indicating the spread or dispersion in the dataset.

True Score

In psychometrics, the actual score that accurately reflects the tested variable or trait in the absence of measurement errors.

Reliability

The degree to which an assessment tool produces stable and consistent results over multiple administrations under the same conditions.

Construct Validity

The extent to which a test or instrument accurately measures the theoretical construct or concept it is intended to assess.