Refer to the Diagram

question 195

Multiple Choice

Refer to the diagram. If demand is D ₂, a tax of $ X per acre will

• A)encourage the substitution of land for other productive resources.
• B)lower the cost of land to individual farmers.
• C)reduce the demand for land to, say, D₃ or D₄.
• D)not affect the quantity of land available to society.

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Definitions:

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Refers to the physiological and psychological state of being awake, alert, and engaged with the environment.

Attributional Style Questionnaire

A self-report inventory that assesses an individual's tendency to attribute outcomes to certain causes, analyzing their optimism or pessimism.

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Being excessive or superfluous, especially in terms of information or elements that are no longer needed or are repetitive.

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The common habit of a person taking credit for positive events or outcomes, but blaming outside factors for negative events.