If the Penalty on Sellers of an Illegal Good Is

question 55

Multiple Choice

If the penalty on sellers of an illegal good is less than the penalty on buyers of an illegal good,then supply of the good will ________ by ________ demand and the price of the good will ________.

• A)decrease;more than;rise
• B)decrease;less than;rise
• C)decrease;less than;fall
• D)decrease;more than;fall
• E)increase;less than;rise

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Definitions:

Resistance

Opposition or refusal to accept or comply with changes, policies, or practices.

Apathetic

Showing or feeling no interest, enthusiasm, or concern about something.

Minimal Effort

The least amount of energy or work expended to achieve a task or objective.

Political Tactics

Strategies used within an organization to gain advantage or support for one's goals or interests.