What Event Occurred in 2009 That Caused an Estimated 100

question 29

Multiple Choice

What event occurred in 2009 that caused an estimated 100 million television sets to be added to the already large amount of electronic waste generated in the United States?

• A)the ban on use of a certain type of cell phone
• B)the shift to digital TV
• C)the development of a type of cell phone that can be used in-flight during air travel
• D)the development of the iTV
• E)the ban of use of iPods on airplanes

Understand the concept of tax elasticity and its implications on tax burden sharing.

Analyze the impact of excise taxes on market outcomes.

Describe how the elasticity of supply and demand influences tax incidence.

Explain the rationale behind government’s imposition of taxes and the expected responses from consumers and producers.

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Definitions:

Alcohol Misuses

The consumption of alcohol in a manner that negatively affects the drinker's health, personal relationships, or social standing.

Classical Conditioning

A method of learning whereby a response originally produced by the second of two repeatedly associated stimuli is ultimately provoked by the first stimulus on its own.

Hypodermic Needle

A thin, hollow needle used for injecting substances into the body or extracting fluids from it.

Dependent

Relating to a person who relies on another for support, particularly in the context of mental or physical health.