When a Good Is Made Illegal, Which of the Following

question 108

Multiple Choice

When a good is made illegal, which of the following definitely results in the price rising?

• A) A much higher fine on buyers than on sellers
• B) A much higher fine on sellers than on buyers
• C) Any fine imposed on buyers
• D) Any fine imposed on both buyers and sellers

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Definitions:

Vocational Counseling

Guidance provided to individuals to help them choose, prepare for, and progress in their careers based on their interests, skills, and values.

Thorndike

Refers to Edward Lee Thorndike, an American psychologist known for his work in education psychology and the development of theories on learning and behavior.

Cattell

Cattell refers to Raymond Cattell, a psychologist known for his work in personality theory and his development of several personality assessments, including the 16 Personality Factor Questionnaire.

Miner

A person engaged in the extraction of minerals from the earth, particularly those containing valuable metals or minerals.