If Highly Paid Entertainers Prefer to Perform and Would Do

question 253

Multiple Choice

If highly paid entertainers prefer to perform and would do so even if their pay were much lower,a tax of half of the entertainers' incomes would do which of the following?

• A) decrease the amount of entertaining done by moving along a given labor supply curve
• B) decrease the entertainers' supply of performances
• C) collect no taxes at all
• D) not change the quantity supplied of performances
• E) increase the entertainers' supply of performances as they work more to make up the income they lose in taxes

---

Definitions:

Cumberland Road

Also known as the National Road, it was the first major improved highway in the United States to be built by the federal government, stretching from Cumberland, Maryland, to Vandalia, Illinois, initiated in 1811 to facilitate westward expansion.

Manufacturing

The industrial production of goods from raw materials through processes like machining, assembly, and fabrication, often on a large scale.

Land

A crucial natural resource that constitutes the earth's surface, including fields, forests, and bodies of water, often used for agriculture, housing, and development.

Technological Improvements

Refers to the advancements and enhancements made in technology that lead to better efficiency, productivity, and capabilities in various fields.