When a Tax Is Placed on the Buyers of Cell

question 157

Multiple Choice

When a tax is placed on the buyers of cell phones,the size of the cell phone market

• A)and the effective price received by sellers both decrease.
• B)decreases,but the effective price received by sellers increases.
• C)increases,but the effective price received by sellers decreases.
• D)and the effective price received by sellers both increase.

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Definitions:

Aorta

The main artery in the body, originating from the left ventricle of the heart and extending down to the abdomen, supplying oxygenated blood.

Deep Femoral Artery

An artery that branches off the femoral artery, supplying blood to the deep structures of the thigh.

Inferior Mesenteric Artery

A major artery that supplies blood to the lower regions of the colon and the rectum.

Abdominal Aorta

The abdominal aorta is the largest artery in the abdominal cavity that supplies oxygenated blood to many of the abdominal and pelvic organs and the legs.