Assume That for Good X the Supply Curve for a Good

question 54

Multiple Choice

Assume that for good X the supply curve for a good is a typical,upward-sloping straight line,and the demand curve is a typical downward-sloping straight line.If the good is taxed,and the tax is doubled,the

• A)base of the triangle that represents the deadweight loss doubles.
• B)height of the triangle that represents the deadweight loss doubles.
• C)deadweight loss of the tax quadruples.
• D)All of the above are correct.

---

Definitions:

Closest Text Box

A term that might refer to the process of identifying or selecting the text box nearest to a certain point or object within a graphical user interface or design layout.

Calculated Field

A field in databases or spreadsheet applications that generates values based on other data fields through a specified formula or function.

Report Property

A characteristic or parameter of a report in database or software applications that can be set or adjusted to control the report's appearance or functionality.

Build Property

A characteristic of a software or application component that specifies how it was compiled or constructed, including version and configuration details.