A Tax on the Buyers of Sofas

question 46

Multiple Choice

A tax on the buyers of sofas

• A)increases the size of the sofa market.
• B)decreases the size of the sofa market.
• C)has no effect on the size of the sofa market.
• D)may increase,decrease,or have no effect on the size of the sofa market.

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Definitions:

Regretted

Felt sorrow or remorse for an action taken, decision made, or an opportunity missed.

Bystander Intervention

The act of stepping in to assist someone in need when others are present, which can be influenced by factors like social norms and the perceived cost of intervention.

Darley and Latané

Researchers known for their pioneering work in the field of social psychology, especially in the areas of bystander intervention and social influence.

Drowning

A fatal process resulting from submersion in liquid, leading to respiratory impairment and lack of oxygen.