The Figure Above Shows the Market for MP3 Players, Where

question 74

Multiple Choice

The figure above shows the market for MP3 players, where S is the supply curve and D is the demand curve before any tax is imposed. The government imposes a $10 per unit tax on sellers of MP3 players.
-Based on the figure above,after the tax is imposed,the price paid by the buyer is ________ per MP3 player.

• A) $105
• B) $100
• C) $95
• D) $110
• E) $90

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Definitions:

Psychosexual Stages

Freud's theory of five developmental stages in childhood, each characterized by a different focus of libido (sexual drives).

Electra Complex

The Electra Complex is a psychoanalytic theory proposed by Carl Jung, suggesting that a young girl experiences subconscious romantic feelings towards her father and jealousy towards her mother.

Unconscious

A part of the mind that is not accessible to conscious thought, but which affects behaviors and emotions.

Femininity

Femininity represents a set of attributes, behaviors, and roles generally associated with girls and women, often culturally and socially constructed.