Suppose There Is Currently a Tax of $50 Per Ticket

question 147

Multiple Choice

Suppose there is currently a tax of $50 per ticket on airline tickets.Buyers of airline tickets are required to pay the tax to the government.If the tax is reduced from $50 per ticket to $30 per ticket,then the

• A)demand curve will shift upward by $20,and the effective price received by sellers will increase by $20.
• B)demand curve will shift upward by $20,and the effective price received by sellers will increase by less than $20.
• C)supply curve will shift downward by $20,and the price paid by buyers will decrease by $20.
• D)supply curve will shift downward by $20,and the price paid by buyers will decrease by less than $20.

---

Definitions:

Recognition Techniques

Methods used to acknowledge and reward employees' contributions and achievements, enhancing motivation and performance.

Avoidable Turnover

Employee departures that could have been prevented by addressing underlying issues, such as job dissatisfaction or workplace conflicts.

Employee Training

The process of providing workers with the knowledge, skills, and abilities required to perform their job effectively.

Raising Morale

Taking actions that have a positive impact on employee satisfaction and work performance, including introducing a group bonus, allowing job autonomy, providing training, assigning whole tasks, gaining direct feedback from users, and increasing group interaction. See morale.