The Graph Shown Demonstrates a Tax on Buyers

question 112

Multiple Choice

The graph shown demonstrates a tax on buyers. After the tax is in place, buyers purchase _______ units, and the post-tax price paid for each one is _______.

• A) 6; $22
• B) 6; $34
• C) 9; $18
• D) 9; $30

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Definitions:

Implicit Memory

A type of long-term memory that enables us to perform tasks without conscious awareness of these previous experiences.

Encoding Specificity Principle

The theory suggesting that the context in which information is learned aids in the retrieval of that same information.

Retrieval Cues

Stimuli or prompts that facilitate the recall of information stored in memory.

Working Memory

A cognitive system responsible for temporarily holding information available for processing and manipulation.