Graph 6-12 -Using Graph 6-12, Answer the Following Questions

question 96

Essay

Graph 6-12

-Using Graph 6-12, answer the following questions.
a. What was the equilibrium price in this market before the tax?
b. What is the amount of the tax?
c. How much of the tax will the buyers pay?
d. How much of the tax will the sellers pay?
e. How much will the buyer pay for the product after the tax is imposed?
f. How much will the seller receive after the tax is imposed?
g. As a result of the tax, what has happened to the level of market activity?

Identify the importance of store atmospherics and image in influencing customer purchasing behavior.

Comprehend the alignment of pricing strategies with a retailer's overall strategy and image.

Explain the retailer's strategy in addressing the conflict between consumer and manufacturer preferences regarding product quantity.

Understand the role and impact of mobile commerce in the retail industry.

---

Definitions:

Behavioral Contrast

A phenomenon in operant conditioning where the rate of response to one stimulus changes when the reinforcement conditions are modified for another stimulus.

Congruency Effect

A phenomenon where the reaction time is faster and accuracy is higher when the properties of a stimulus are in harmony with its response.

Negative Reinforcement

The strengthening of a behavior by removing or avoiding a negative outcome or aversive stimulus.

Positive Reinforcement

The addition of a pleasant stimulus following a desired behavior, increasing the likelihood of that behavior being repeated.