As Long as the Supply Curve for a Good Is

question 130

Multiple Choice

As long as the supply curve for a good is upward- sloping and the demand curve is downward- sloping, a tax imposed on sellers shifts the supply curve

• A) rightward and definitely decreases the equilibrium quantity.
• B) leftward and definitely raises the equilibrium price.
• C) rightward and possibly increases the equilibrium quantity.
• D) leftward and possibly raises the equilibrium price.

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Definitions:

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Superego

In psychoanalytic theory, the part of a person's mind that acts as a self-critical conscience, reflecting social standards learned from parents and teachers.

Pleasure Principle

A psychoanalytic concept proposing that individuals seek pleasure and avoid pain in order to satisfy biological and psychological needs.

Erogenous Zones

Areas of the body that experience heightened sensitivity and can produce sexual pleasure when stimulated.