If the Labour Supply Curve Is Nearly Vertical,what Will a Tax

question 150

Multiple Choice

If the labour supply curve is nearly vertical,what will a tax on labour do

• A)have a large deadweight loss
• B)raise small amounts of tax revenue
• C)have little impact on the amount of work workers are willing to do
• D)shift the labour demand curve to the right

---

Definitions:

Theme Colors

A predefined set of colors applied to elements within a document or application to maintain a consistent look and feel.

Template

A pre-designed layout or structure that serves as a starting point for creating new documents or projects, saving time and ensuring consistency.

Word 2019

The 2019 version of Microsoft Word, a word processing software that is part of the Microsoft Office suite, featuring new tools and improvements over previous versions.

Previous Versions

A feature in some operating systems and applications that allows users to view and restore earlier versions of files and documents.