Step 5: Which One Would Not Be a Potential Perceived

question 13

Multiple Choice

Step 5: Which one would not be a potential perceived Benefit for not texting and driving?

• A) Not getting in an accident
• B) Not getting a ticket
• C) My friend knows if I am running late and when I'll be there
• D) Not getting in trouble with my parents

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Definitions:

Excise Tax

A tax imposed on specific goods, services, or activities, usually to discourage their use or to raise revenue.

Elasticities

Measurements of how changing one economic variable affects others, such as how quantity demanded will change as a result of price changes.

Subsidy Benefit

Government-provided support to aid businesses, individuals, or sectors of the economy through financial help.

Elasticities

Measures in economics that demonstrate how the quantity demanded or supplied of a good responds to changes in price or other factors.