Use the Following to Answer Questions

question 27

Multiple Choice

Use the following to answer questions:
Figure: Commodity Tax on Suppliers
-(Figure: Commodity Tax on Suppliers) Refer to the figure. If a tax shifts the supply curve from S₁ to S₂, tax revenue is:

• A) $3,600.
• B) $2,700.
• C) $1,800.
• D) $1,000.

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Definitions:

Weak Leader

An individual in a leadership position who lacks the assertiveness, confidence, decisiveness, and effectiveness typically associated with strong leadership.

Social Loafing

A phenomenon where individuals exert less effort when working in a group than when working alone.

Social Inhibition

The decrease in performance or unwillingness to perform certain behaviors in the presence of others, typically due to fear of judgment or evaluation.

Groupthink

A psychological phenomenon that occurs within a group of people, in which the desire for harmony and conformity results in irrational or dysfunctional decision-making outcomes.