If the Demand for Bread Is More Elastic Than the Supply

question 158

Multiple Choice

If the demand for bread is more elastic than the supply of bread,which group will bear more of the incidence of a tax on bread?

• A) consumers
• B) the government
• C) neither consumers nor producers
• D) producers
• E) both consumers and producers equally

---

Definitions:

1H NMR Signal

A peak or signal observed in hydrogen-1 nuclear magnetic resonance spectroscopy that provides information about the local environment of hydrogen atoms in a compound.

Carboxyl Group's Hydrogen

The hydrogen atom attached to the oxygen in the carboxyl functional group -COOH, known for its acidity.

Propanoic Acid

An organic carboxylic acid with the chemical formula C3H6O2, known for its foul odor and use in food preservatives.

Organic Halide

Organic compounds containing one or more halogen atoms (fluorine, chlorine, bromine, or iodine) attached to carbon atoms, widely used in organic synthesis and industrial applications.