Good a Has a Perfectly Inelastic Demand and an Upward-Sloping

question 119

Multiple Choice

Good A has a perfectly inelastic demand and an upward-sloping supply curve.Good B has a perfectly inelastic supply and a downward-sloping demand curve.If the same sales tax is imposed on the sellers of both good A and good B,the

• A)price paid by buyers of good B rises by more than the price paid by buyers of good A.
• B)price paid by buyers of good A rises by more than the price paid by buyers of good B.
• C)price paid by buyers of good A rises by the same amount as the price paid by buyers of good B.
• D)quantity bought by buyers of good B decreases by more than the quantity bought by buyers of good A.
• E)quantity bought by buyers of good A decreases by more than the quantity bought by buyers of good A.

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Definitions:

Eczema

A medical condition that makes the skin red, itchy, and inflamed, often chronic and triggered by various factors.

Apocrine Sweat Glands

Glands located in certain areas of the body, such as the armpits, that secrete a thicker sweat and are involved in scent creation.

Sweat With A High Amount Of Protein

Sweat that has an abnormal protein concentration, often indicating certain medical conditions or diseases.

Watery Sweat

The excretion of sweat that is more liquid and less concentrated, often occurring during intense physical activity or in response to heat.