If Buyers of Illegal Goods Are Punished but Sellers Are

question 49

Multiple Choice

If buyers of illegal goods are punished but sellers are not, then the price ________ and the equilibrium quantity ________.

• A) rises; increases
• B) rises; decreases
• C) falls; increases
• D) falls; decreases

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Definitions:

Basilar Membrane

A structure in the inner ear that plays a key role in the sense of hearing by vibrating in response to sound and facilitating auditory processing.

Eardrum

A thin membrane that separates the outer ear from the middle ear, vibrating in response to sound waves and playing a key role in hearing.

Auditory Nerve

The cranial nerve that transmits auditory information from the cochlea of the inner ear directly to the brain.

Retina

The light-sensitive layer at the back of the eye that captures images and sends them to the brain.