When a Good with Equally Elastic Demand and Supply Is

question 165

Multiple Choice

When a good with equally elastic demand and supply is taxed,the incidence of the tax is borne

• A) entirely by consumers.
• B) entirely by producers.
• C) by both consumers and producers.
• D) mostly by consumers.
• E) mostly by producers.

Understand the concept of validity in the context of research and assessment.

Identify and describe different types of validity used in research.

Distinguish between criterion-related validity, construct validity, and content validity.

Relate the importance of validity to the overall integrity of a research study or assessment.