When a Tax Is Imposed on the Sellers of a Good

question 153

Multiple Choice

When a tax is imposed on the sellers of a good,

• A)the demand curve shifts downward by less than the amount of the tax.
• B)the demand curve shifts downward by the amount of the tax.
• C)the supply curve shifts upward by less than the amount of the tax.
• D)the supply curve shifts upward by the amount of the tax.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.

Classical Conditioning

A learning process where an originally neutral stimulus becomes associated with a particular response through conditioning.

Conditioned Stimulus

In classical conditioning, this is a previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Closet Door

A movable barrier used for closing off the entrance to a closet, often regarded symbolically in phrases denoting privacy or secrecy.