Using Supply and Demand Analysis, Which of the Following Is

question 70

Multiple Choice

Using supply and demand analysis, which of the following is true ?

• A) The burden of a tax on production cannot be determined on the basis of who actually pays the tax.
• B) The burden of a tax on production is always split evenly between consumers and sellers.
• C) Consumers bear the entire burden of a per unit tax on production.
• D) Sellers bear the entire burden of a per unit tax on production.

---

Definitions:

Mentally Simulate

The act of imagining or recreating experiences or processes in one's mind, often used in learning and decision-making contexts.

Theory Of Mind

Describes the ability to understand and attribute mental states—beliefs, intents, desires, emotions to oneself and others.

Vicariously Experience

Experiencing feelings, actions, or sensations through the engagement with, and understanding of, another's experiences and emotions.

Facial Expressions

Facial expressions are movements of the facial muscles that convey emotions, feelings, or intentions to others, serving as a fundamental form of nonverbal communication.