Figure 8-6 the Vertical Distance Between Points a and B Represents a Represents

question 165

Multiple Choice

Figure 8-6
The vertical distance between points A and B represents a tax in the market.
-Refer to Figure 8-6.What happens to total surplus in this market when the tax is imposed?

• A)Total surplus increases by $1,500.
• B)Total surplus increases by $3,000.
• C)Total surplus decreases by $1,500.
• D)Total surplus decreases by $,3000.

---

Definitions:

Ethical Leadership

A leadership approach that is guided by respect for ethical beliefs and values, and for the dignity and rights of others.

Acts Courageously

The willingness to face fear, uncertainty, or difficulty by taking bold and principled actions.

Ethical Leaders

Leaders who demonstrate and promote ethical behavior within their organizations through their decisions, actions, and influence on others.

Social Collectives Exclusive

Unique groupings or classes of individuals within society that share common attributes, goals, or interests distinguishing them from others.