If Neither the Demand nor Supply of a Good Is

question 134

Multiple Choice

If neither the demand nor supply of a good is perfectly elastic or inelastic,a tax on the good ________ consumer surplus and ________ producer surplus.

• A) decreases; decreases
• B) increases; increases
• C) decreases; increases
• D) increases; decreases
• E) decreases; does not change

Describe methods used to study the seafloor, including seismic-reflection profiling, drilling, and satellite observations.

Identify the biological communities associated with hydrothermal vents and their energy sources.

Recognize the importance of mid-ocean ridges and the features associated with them, including the role of melting asthenosphere and the characteristics of fast-spreading ridges.

Interpret the geological significance of oceanic plateaus and islands, including their formation through volcanic activity and hotspots.

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