Kindly give explanation of the ff. answers

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3 Supply c Demand E QUANTITY Use this a h or #16 and #17. Suppose the government 16. imposes a price floor at level H. Consumer surplus will now equal to 7. From the imposed price floor at level H, we can expect a/n the market. in A. B. c. D. A. B. C. D. A. B. C. D. A. B. C. D. A. B. C. D. A. B. C. A. B. C. D. Page ABH ACI AEO OCE Surplus Shortage Equilibrium Demand Shock Public Core Business Private Personal Income Tax 18. In the contextual model of the economy, the sphere captures households, families, and communities. 19. Among the types of taxes that can be imposed by the government, the an indirect tax charged on the sale of a specific good to discourage consumption of undesirable products and activities. 20. In the quantitative measures of welfare, is equal to the amount that individuals were willing to pay, subtracting the amount that they actually paid. 21. An industry with a large number of firms, differentiated products, and free entry and exit is called 22. A large number of firms all selling an identical product implies Co orate Income Tax Value-Added Tax Excise Tax Utili Consumer S lus Producer S lus Deadwei ht Losses Oli 0 01 Mono 01 Mono olistic com etition Perfect com etition Horizontal market su I Lar e losses b all sellers Inability for a single firm to chan e rices Market chaos