Which of the Following Situations Will Result in the Greatest

question 66

Multiple Choice

Which of the following situations will result in the greatest deadweight loss due to a per-unit tax on a good?

• A)Supply and demand are both relatively price-inelastic.
• B)Supply is relatively price-inelastic and demand is relatively price-elastic.
• C)Supply and demand are both relatively price-elastic.
• D)Supply is relatively price-elastic and demand is relatively price-inelastic.
• E)Both supply and demand do not exist.

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Definitions:

Temperament

Temperament refers to an individual's inherent personality traits, including mood, energy levels, and emotional reactivity, which are evident from early life and largely biologically based.

Irregular Sleeping

Patterns of sleep that are not consistent, such as varying bedtimes and wake times, leading to potential disruptions in sleep quality.

Slow-to-Warm-Up

Describes individuals, typically children, who are cautious and less active in new situations but become more comfortable over time.

Temperament

Inherent aspects of an individual's personality, such as mood, disposition, and reactivity, typically observed in infancy and thought to be biologically based.