Suppose the Demand for a Particular Good Is Perfectly Inelastic

question 116

Multiple Choice

Suppose the demand for a particular good is perfectly inelastic and the government decides to impose a tax on the production of this good. Who will pay the greater share of such a tax?

• A)The buyers will pay the entire share.
• B)The sellers will pay the entire share.
• C)The buyers and the sellers will pay equal shares.
• D)The sellers will bear the greater share of the tax.

---

Definitions:

Clitoral Orgasms

Sexual climax resulting from stimulation of the clitoris, typically associated with sexual pleasure in women.

Sexual Gratification

The pleasure or satisfaction derived from sexual activities.

Psychodynamic Theory

A theory in psychology that emphasizes the influence of unconscious mind forces and childhood experiences on personality and behavior.

Sexual Dysfunction

Difficulties experienced during any phase of the sexual response cycle preventing the individual or couple from enjoying sexual activity.