To Prevent Obesity,the Government May Establish a Tax on High

question 18

Multiple Choice

To prevent obesity,the government may establish a tax on high caloric foods,such as twinkies.A twinkie tax will have the smallest impact on quantity demanded when the demand curve for twinkies is

• A) perfectly elastic.
• B) perfectly inelastic.
• C) more elastic than the supply curve.
• D) both A and B.

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Definitions:

Common

Occurring frequently or widely accepted; usual or shared among many.

Men

Adult human males.

Women

Refers to adult human females, often discussed in contexts of gender-specific issues, rights, health, and social roles.

Psychoanalytic Perspective

A method of psychological theory and therapy that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind.