The Following Question Are Based on the Following Diagram, Representing

question 62

Multiple Choice

The following question are based on the following diagram, representing the supply and demand curves for an input:

-If the demand curve is D₀,a tax on the income received by the supplier of this input

• A) increases the demand to D₁.
• B) reduces the quantity sold of the input.
• C) raises the quantity sold of the input.
• D) raises the equilibrium price of the input.
• E) has no effect on the equilibrium price and quantity of the input.

---

Definitions:

Distributive Justice

Concerns the fair allocation of benefits and resources among individuals in a society or group, considering equity and equality.

Disclosure

The act of making new or secret information known.

Ethics Competency

The ability to recognize, analyze, and act upon ethical issues and dilemmas in a transparent and principled manner.

UN Global Compact

An initiative where CEOs voluntarily commit to adopting universal principles of sustainability and to undertaking actions that further the objectives of the United Nations.