When a Tax Is Imposed on a Good, the

question 83

Multiple Choice

When a tax is imposed on a good, the

• A)supply curve for the good always shifts.
• B)demand curve for the good always shifts.
• C)amount of the good that buyers are willing to buy at each price always remains unchanged.
• D)equilibrium quantity of the good always decreases.

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Definitions:

Leadership Recommended

Leadership recommended refers to the endorsement or suggestion of leadership practices or individuals for leadership roles based on their qualities, performance, and potential to positively impact an organization.

Path-Goal Leadership Model

A theory suggesting that a leader's effectiveness is based on their ability to clear the path to their followers' goals, by considering individual characteristics and environmental factors.

Directive Leadership

A leadership style characterized by the leader giving clear and specific commands and expecting immediate compliance from subordinates.

Supportive Leadership

Leadership style characterized by providing encouragement, empowerment, and professional support to employees.