An Analysis of the Effect of Excise Taxes on Markets

question 21

Multiple Choice

An analysis of the effect of excise taxes on markets allows us to conclude that:

• A)when the price elasticity of supply is equal to zero,an excise tax falls entirely on the consumers.
• B)when the price elasticity of demand is lower than the price elasticity of supply,an excise tax falls mainly on the producers.
• C)whether the tax is levied on consumers or producers,the quantity sold will be the same.
• D)when the price elasticity of demand is higher than the price elasticity of supply,an excise tax falls mainly on the consumers.

Recognize the signs and implications of schizophrenia.

Comprehend the environmental, societal, and psychological factors influencing mental health conditions.

Analyze the influence of cultural and individual beliefs on the perception and treatment of psychological disorders.

Distinguish between different types of dissociative disorders and their unique characteristics.

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Definitions:

Rewards

Benefits, both material and immaterial, given to employees or individuals in recognition of their work or behavior.

Reinforcers

Any stimulus or event that increases the likelihood of the repetition of the behavior that it follows.

Contingent

Dependent on certain conditions or circumstances; not absolute or guaranteed.

Negative Stimulus

An unfavorable event or condition that motivates a person to avoid it through their behavior or actions.