What Happens as Elasticities of Supply and Demand Increase

question 205

Multiple Choice

What happens as elasticities of supply and demand increase

• A)the smaller the deadweight loss from a tax
• B)the less intrusive a tax will be on a market
• C)the greater the deadweight loss from a tax
• D)the more equitable the distribution of a tax between buyers and sellers

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Definitions:

Glass Ceiling

An invisible barrier limiting the career advancement of minorities and women within professional settings, despite qualifications and achievements.

Masculine Norms

Cultural or societal standards and expectations regarding behaviors, attitudes, and characteristics deemed appropriate for men and masculinity.

Sexual Harassment

Unwanted sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature, often in the workplace or academic setting.

Negative Effects

The unwanted or adverse outcomes resulting from a process or action.