If the Penalty on Sellers of an Illegal Good Is

question 55

Multiple Choice

If the penalty on sellers of an illegal good is less than the penalty on buyers of an illegal good,then supply of the good will ________ by ________ demand and the price of the good will ________.

• A)decrease;more than;rise
• B)decrease;less than;rise
• C)decrease;less than;fall
• D)decrease;more than;fall
• E)increase;less than;rise

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Definitions:

Holophrases

One-word utterances that depend on the particular context in which they are used to determine meaning.

Phonemes

The smallest units of sound in a language that can distinguish meaning between words.

Syllogisms

A form of deductive reasoning where a conclusion is drawn from two given or assumed propositions (premises).

Telegraphic Speech

Speech in which words not critical to the message are left out.