Refer to the Graph Shown

question 105

Multiple Choice

Refer to the graph shown. With an effective price floor at P_f, the effect is an implicit tax on:

• A)suppliers shown by area C and a subsidy to consumers of that area.
• B)suppliers shown by area B and a subsidy to consumers of that area.
• C)consumers shown by area C and a subsidy to suppliers of that area.
• D)consumers shown by area B and a subsidy to suppliers of that area.

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Definitions:

Refractory Period

A time right after stimulation when a nerve or muscle cannot respond to additional stimulation.

Neuronal Membrane

The phospholipid bilayer that encases a neuron, allowing for the regulation of ion flow necessary for transmitting nerve impulses.

Sodium

A chemical element, symbol Na, that is a soft, silvery-white, highly reactive metal and is used in various compounds and biological functions.

Synaptic Cleft

The tiny gap between neurons at a synapse, through which neurotransmitters are released to transmit nerve impulses from one neuron to another.