If the Elasticity of Demand Is _____ and the Elasticity

question 26

Multiple Choice

If the elasticity of demand is _____ and the elasticity of supply is _____,tax revenue is likely to increase if the tax rate is increased.

• A)3.3;2.1
• B)3.3;0.5
• C)0.2;2.1
• D)0.2;0.5

---

Definitions:

Primary Prevention

Actions or strategies aimed at preventing a disease or injury before it occurs.

Television Ad Campaigns

Advertising initiatives executed through TV channels meant to promote products, services, or ideas to a broad audience.

Electroconvulsive Therapy

A psychiatric treatment in which electric currents are passed through the brain, intentionally triggering a brief seizure to treat certain mental disorders.

Psychosurgery

A medical procedure that involves operating on the brain to treat mental illness or abnormal behavior, now rare due to advancements in psychiatric medication and therapies.