If a Tax Is Imposed on a Good Where Both

question 159

Multiple Choice

If a tax is imposed on a good where both supply and demand are somewhat elastic,but supply is more elastic than demand,the burden of the tax will be borne

• A) by consumers and producers equally.
• B) by consumers alone.
• C) by producers alone.
• D) mostly by consumers but partially by producers.
• E) mostly by producers but partially by consumers.

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Definitions:

Sex

A biological characteristic defining male and female organisms based on reproductive anatomy and function.

Ultrasound

A diagnostic imaging technique that uses high-frequency sound waves to create images of structures within the body, commonly used for viewing fetuses during pregnancy.

Chromosomes

Threadlike structures made of DNA molecules that contain the genes.

Sex

Refers to the biological differences between males and females, including chromosomes, bodily organs, and reproductive structures.