If the Supply Curve Is More Inelastic Than the Demand

question 44

Multiple Choice

If the supply curve is more inelastic than the demand curve in a market that is taxed, then:

• A) sellers will bear a greater tax burden than buyers.
• B) sellers will bear a smaller tax burden than buyers.
• C) the tax burden will be shared equally by buyers and sellers.
• D) All of these could be correct.

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Definitions:

Huntington Disease

A genetic neurodegenerative disorder characterized by the progressive breakdown of nerve cells in the brain, leading to physical and cognitive decline.

Hyperkinetic Symptoms

Manifestations characterized by excessive or abnormal involuntary movements, often found in disorders like Tourette's syndrome or Huntington's disease.

Dopamine Cells

Neurons that produce and release dopamine, a neurotransmitter involved in reward, motivation, and motor control.

Motor Cortex

The part of the cerebral cortex that plays a role in planning, controlling, and carrying out voluntary movements.