Use the Figure Below to Answer the Following Question(s)

question 5

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 4-8
-Refer to Figure 4-8. Which of the following is true?

• A) The tax increases the price of soft coal by $40 per ton.
• B) Since the demand for soft coal is more inelastic than the supply, consumers bear most of the burden of the tax.
• C) Since the demand for soft coal is more elastic than the supply, suppliers of soft coal bear most of the burden of the tax.
• D) Since the supply of soft coal is highly inelastic, the primary burden of the tax is imposed on the consumers of soft coal.

---

Definitions:

Cloning

The process of creating a genetically identical copy of an original organism through various scientific methods.

Waterfront

Land or an area that is adjacent to a body of water, such as a sea, lake, river, or ocean.

Blank

Empty or void; lacking markings, content, or details.

Woolly Mammoth

An extinct species of large prehistoric elephants, covered with long hair, that lived during the Ice Ages.