The More Elastic the Supply of a Product, the More

question 94

Multiple Choice

The more elastic the supply of a product, the more likely it is that the

• A) burden of a tax on the product will fall on sellers.
• B) burden of a tax on the product will fall on buyers.
• C) burden of a tax on the product will fall equally on both buyers and sellers.
• D) deadweight loss of the tax will be smaller.

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Definitions:

Abnormal Behaviour

Refers to patterns of emotion, thought, and action deemed pathological (outside the norm of a culture) for one or more reasons, including statistical rarity, personal distress, or violation of norms.

Galen

An ancient Greek physician and philosopher whose theories and writings on anatomy and medicine significantly influenced Western medical practice for centuries.

Criteria for Abnormality

Criteria for abnormality are the standards or guidelines used to determine when behavior or psychological states deviate significantly from what is considered typical or healthy.

Concept of Abnormality

Refers to patterns of behavior, thought, or emotion considered pathological (deviant from the norm) for cultural, societal, or environmental reasons.