Suppose a Tax of $3 Per Unit Is Imposed on a Good.The

question 162

Multiple Choice

Suppose a tax of $3 per unit is imposed on a good.The supply curve is a typical upward-sloping straight line,and the demand curve is a typical downward-sloping straight line.The tax decreases consumer surplus by $3,900 and decreases producer surplus by $3,000.The tax generates tax revenue of $6,000.The tax decreased the equilibrium quantity of the good from

• A)2,000 to 1,500.
• B)2,400 to 2,000.
• C)2,600 to 2,000.
• D)3,000 to 2,400.

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Elements of human psychology that influence one’s emotions, behaviors, and thoughts.

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A state of well-being in which the body is functioning properly, encompassing various aspects like fitness and absence of disease.

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A hormone and neurotransmitter involved in childbirth and lactation, also associated with empathy, trust, sexual activity, and relationship-building.

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