A Tax on the Buyers of Personal Computer External Hard

question 75

Multiple Choice

A tax on the buyers of personal computer external hard drives encourages

• A)sellers to supply a smaller quantity at every price.
• B)buyers to demand a smaller quantity at every price.
• C)buyers to demand a larger quantity at every price.
• D)Both a)and b)are correct.

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Definitions:

Voltaic Pile

A group of voltaic cells connected together to form a battery.

Alessandro Volta

An Italian physicist known for inventing the battery in the 1800s, leading to the development of the first source of continuous electrical current.

Electricity

A form of energy resulting from the existence of charged particles, such as electrons or protons, either statically as an accumulation of charge or dynamically as a current.

Voltaic Cell

A device that converts chemical energy into electric energy.