Refer to the below graph. What is the area that represents the efficiency loss due to the tax?
The graphs below illustrate the market for a product on which an excise tax has been imposed by government.
A. XYT
B. XYZ
C. WXZU
D. WXYZU
B. XYZ
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In the research that used the audit method to send out 5,000 realistic-looking resumes for advertised jobs in Boston and Chicago, which of the following was one of the results?
A) White names received roughly the same number of interview requests as black names. B) High-quality resumes with black names received no more interview requests than low-quality resumes with black names. C) High-quality resumes with white names received roughly the same number of interview requests as low-quality resumes with white names. D) All of the above reflect the results of the research.
Rich and poor people have which of the following in common?
A) Scarcity B) Economizing behavior C) Pursuing the plans and projects in which they are interested D) All of the above. E) None of the above.