Net investment equals gross investment minus depreciation

If voters are rationally ignorant, then the interest of the bureaucracy to maximize its budget will result in an oversupply of a public good

Indicate whether the statement is true or false

The graph shown demonstrates a tax on sellers. Which of the following can be said about the effect of this tax?

The graph shown demonstrates a tax on sellers. Which of the following can be said about the A. The tax creates a shortage, and rationing must occur.
B. The tax creates a surplus, and the government must buy the excess.
C. The tax creates a shortage, and the government must regulate the market.
D. None of these is true.