When a Tax Is Imposed on the Suppliers of a Good

question 1

Multiple Choice

When a tax is imposed on the suppliers of a good or service, then

• A) in general, the producers pay all the tax.
• B) the demanders pay a larger part of the tax as the demand for the product becomes less elastic.
• C) the demanders pay a larger part of the tax as the demand for the product becomes more elastic.
• D) in general, the consumers pay all the tax.

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Definitions:

Admission

The process of allowing someone to enter a place, institution, or specific program, often based on certain criteria.

Exposition

The part of a story that introduces the background information about events, settings, characters, or other elements necessary for understanding the narrative.

Substance Use Problem

A condition characterized by the harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.

Relapse

Repeated drug use and/or alcohol use after a period of improvement from substance abuse.