A Tax in an Industry Would Result In

question 122

Multiple Choice

A tax in an industry would result in:

• A)​a decrease in consumer surplus.
• B)​a decrease in producer surplus
• C)​a decrease in the gains from trade.
• D)​all of the above.

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Definitions:

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The hypothesis that facial expressions can influence emotional experiences.

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A region of the brain associated with higher cognitive processes such as decision making, social behavior, and personality expression.

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The drive or inclination to move towards or pursue positive outcomes or rewards.