If a Pigovian Tax Is Levied on Consumers,the Demand Curve

question 130

Multiple Choice

If a Pigovian tax is levied on consumers,the demand curve will shift:

• A)straight down,decreasing quantity.
• B)straight up,decreasing quantity.
• C)straight down,increasing quantity.
• D)straight up,increasing quantity.

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Definitions:

Numerical Data

Information that is quantifiable and usually collected in number form, used for statistical analysis or calculations.

Interval Data

A type of numerical data which not only has order, but also has meaningful differences between values, though it lacks a true zero point (e.g., temperature in Celsius).

Ordinal

A type of data or scale that shows an ordered relationship among the variable's possible values, but does not specify the magnitude of difference between them.

Nominal

Referring to data classified into categories without a natural order or ranking among the categories.