Consumers will be affected if the government imposes a tax on apples because Group of answer choices consumer surplus would increase. the price of apples would increase and fewer apples would be purchased. revenues for apple growers would decrease. the government would collect revenue from the tax. producer surplus would decrease.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Consumers will be affected if the government
imposes a tax on apples because
Group of answer choices
consumer surplus would increase.
the price of apples would increase and fewer
apples would be purchased.
revenues for apple growers would decrease.
the government would collect revenue from the
tax.
producer surplus would decrease.
Transcribed Image Text:Consumers will be affected if the government imposes a tax on apples because Group of answer choices consumer surplus would increase. the price of apples would increase and fewer apples would be purchased. revenues for apple growers would decrease. the government would collect revenue from the tax. producer surplus would decrease.
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