Use the Figure Below to Answer the Following Question(s)

question 19

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 4-8

Refer to Figure 4-8. The supply curve S ₁ and the demand curve D indicate initial conditions in the market for soft coal. A $40-per-ton tax on soft coal is levied, shifting the supply curve from S ₁ to S ₂. Imposing the tax increases the equilibrium price of soft coal from

• A) $20 to $60 per ton.
• B) $20 to $50 per ton.
• C) $50 to $60 per ton.
• D) $50 to $90 per ton.

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Definitions:

Psychodynamic Perspective

A theory in psychology that emphasizes unconscious psychological processes and contends that childhood experiences are crucial in shaping adult personality.

Inner Forces

The internal drives, desires, or motivations that guide or influence an individual's behavior and decisions.

Behavioral

Relates to the actions or reactions of an object or organism, usually in response to external stimuli.