Other Things Equal, an Excise Tax on a Product Will

question 356

Multiple Choice

Other things equal, an excise tax on a product will

• A) increase its supply.
• B) increase its price.
• C) increase the quantity sold.
• D) increase its demand.

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Definitions:

Telomeres

The protective end caps of chromosomes that consist of short, simple, non-coding DNA sequences that repeat many times.

Centromeres

Centromeres are regions on a chromosome where spindle fibers attach during cell division, serving as a constriction point that holds sister chromatids together.

Telomerase Catalytic Subunit

A key protein component of telomerase, an enzyme that adds DNA sequence repeats to the telomeres of chromosomes, facilitating cellular replication.

Cell Cycle

A series of phases in the life of a cell, encompassing its growth, DNA replication, and division into two daughter cells.