If the Demand for Apples Is Highly Elastic and the Supply

question 206

Multiple Choice

If the demand for apples is highly elastic and the supply is highly inelastic, then if a tax is imposed on apples it will be paid:

• A)​largely by the sellers of apples.
• B)​largely by the buyers of apples.
• C)​equally by the sellers and buyers of apples.
• D)​by the government.

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Definitions:

Sexual Pleasure

The physical and/or emotional satisfaction derived from sexual activities or thoughts.

Animals

Multicellular, eukaryotic organisms in the kingdom Animalia or Metazoa, characterized by their ability to move voluntarily and consume organic material.

Exhibitionism

A paraphilia characterized by the recurrent urge or behavior to expose one's genitals to an unsuspecting person for sexual pleasure.

Displaying Genitals

The act of exposing one's sexual organs in a public or private setting, which can vary in social acceptability based on context.