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

question 240

Multiple Choice

Use the figure below to answer the following question(s) . Figure 4-7
Refer to Figure 4-7. Which of the following is true for the tax illustrated?

• A) The tax increases the price of gasoline by $.60.
• B) Since the demand for gasoline is more inelastic than the supply, consumers bear most of the burden of the tax.
• C) Since the demand for gasoline is more elastic than the supply, consumers bear most of the burden of the tax.
• D) Since the supply of gasoline is highly inelastic, the primary burden of the tax is imposed on the suppliers of gasoline.

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Definitions:

Saprotroph

Organisms that obtain nutrients by consuming decomposing organic matter, playing a crucial role in the ecosystem's nutrient cycle.

Gross Primary Productivity

The total rate at which an ecosystem's producers, like plants, convert solar energy into chemical energy in the form of biomass.

Photosynthesis

A method by which plants and other organisms transform light energy, often from the sun, into chemical energy that can subsequently be utilized to power the organism's functions.

Third Trophic Level

The level in an ecosystem's food chain occupied by secondary consumers, which eat primary consumers.