Which of the Following Events Always Would Increase the Size

question 19

Multiple Choice

Which of the following events always would increase the size of the deadweight loss that arises from the tax on gasoline?

• A)The demand for gasoline becomes more inelastic.
• B)The slope of the supply curve for gasoline becomes steeper.
• C)The amount of the tax per gallon of gasoline increases.
• D)All of the above are correct.

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Definitions:

Bodybuilders

Individuals who engage in strenuous exercise routines and nutrition plans to build muscle mass and physique.

Muscle Adapts

Refers to the physiological changes in muscle fibers in response to repeated stress or activities, leading to increases in strength, endurance, or size.

Increasing In Size

The process where an organism or object grows in dimension and volume.

Increasing In Weight

The process of gaining body weight, which can be due to muscle mass, fat, or fluid increases.