Refer to the Diagrams for Two Separate Product Markets

question 197

Multiple Choice

Refer to the diagrams for two separate product markets. Assume that society's optimal level of output in each market is Q₀ and that government purposely shifts the market supply curve from S to S₁ in diagram (a) on the left and from S to S₂ in diagram (b) on the right. The shift of the supply curve from S to S₁ in diagram (a) might be caused by a per-unit

• A)subsidy paid to the producers of this product.
• B)tax on the producers of this product.
• C)subsidy paid to the buyers of this product.
• D)tax on the buyers of this product.

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Definitions:

Behaviorist Model

A theory of learning that emphasizes observable behaviors and the ways they're learned through conditioning processes without regard to thoughts or feelings.

Medical Model

A framework for understanding diseases and disorders that emphasizes biological factors and physical processes.

Dieting

The practice of eating food in a regulated and supervised manner to decrease, maintain, or increase body weight, or to prevent and treat diseases.

Weight Control

The process of adopting long-term lifestyle changes to maintain a healthy body weight, often involving diet and physical activity.