Which Generalization Is Incorrect

question 218

Multiple Choice

Which generalization is incorrect?

• A)Given supply, the more elastic the demand for a product, the larger is the portion of an excise tax that is shifted forward to consumers.
• B)Given demand, the more elastic the supply of a product, the larger is the portion of an excise tax that is borne by producers.
• C)Given supply, the more elastic the demand for a product, the larger is the portion of an excise tax that is borne by the sellers.
• D)Given demand, the less elastic the supply of a product, the larger is the portion of an excise tax that is shifted forward to consumers.

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Definitions:

Reflexes

Involuntary and nearly instantaneous movements in response to stimuli, as part of the body's protective mechanism.

Medulla Oblongata

The lowest section of the brainstem, controlling autonomic functions such as breathing and heart rate.

Sneezing

Sneezing is a reflex action to expel air forcefully from the nose and mouth to clear the nasal passages.

Spinal Reflex

An involuntary and nearly instantaneous movement in response to a stimulus, mediated by the spinal cord.