If a Tax Is Imposed on a Good with a Perfectly

question 46

Multiple Choice

If a tax is imposed on a good with a perfectly elastic supply,the burden of the tax will be borne

• A) by both consumers and producers equally.
• B) by consumers alone.
• C) by producers alone.
• D) mostly by consumers but partially by producers.
• E) mostly by producers but partially by consumers.

---

Definitions:

Personal Unconscious

A concept in analytical psychology representing all information that is present within an individual's mind but not currently in conscious awareness.

Sensing

A process in cognitive functioning that involves perceiving physical stimuli through the senses.

Personality Types

Categories used to describe and group individuals according to shared psychological traits, behaviors, and patterns.

Extraverted Sensing

A cognitive function in Jungian psychology that focuses on perceiving external stimuli in the present moment through the five senses.