A Per-Unit Tax Is Placed on the Production of Good

question 69

Multiple Choice

A per-unit tax is placed on the production of good Y. Someone who believes that the producers of the good will end up paying the full tax may be assuming that the good's demand curve is

• A)elastic.
• B)perfectly inelastic.
• C)inelastic.
• D)perfectly elastic.
• E)unit elastic.

---

Definitions:

Operating States

The various conditions or modes in which a device or system can exist, such as on, off, standby, or fault.

Control Coil

An electromagnetic coil used in electrical engineering to control the operation of devices, typically in relays or contactors.

Relay Contact

A component in a relay that opens or closes the electrical circuit it controls, acting as the switching element triggered by the relay.

Ice-cube Relays

Small, plug-in electromechanical relays that resemble the size and shape of an ice cube, used for various control applications.