The principle that people would rather leave things as they are is called _____

A minimum wage

A) increases all workers' surplus because the wage rate increases. B) increases consumer surplus because the price of the good decreases. C) decreases the firms' surplus because fewer workers are hired at the higher wage. D) increases the firms' surplus and the workers' surplus because it increases the efficiency of the labor market. E) None of the above answers is correct.

What are the effects of a tariff on a good on various groups and on the total surplus in the country that imposes the tariff?

What will be an ideal response?