Which of the Following Statements Is True for Markets in Which

question 39

Multiple Choice

Which of the following statements is true for markets in which the demand curve slopes downward and the supply curve slopes upward?

• A)As the size of the tax increases,tax revenue continually rises and deadweight loss continually falls.
• B)As the size of the tax increases,tax revenue and deadweight loss rise initially,but both eventually begin to fall.
• C)As the size of the tax increases,tax revenue rises initially,but it eventually begins to fall;deadweight loss continually rises.
• D)As the size of the tax increases,tax revenue rises initially,but it eventually begins to fall;deadweight loss falls initially,but eventually it begins to rise.

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Definitions:

Klinefelter Syndrome

A genetic condition that affects males, characterized by the presence of an extra X chromosome, leading to symptoms such as reduced testosterone levels and fertility issues.

Androgen Insensitivity Syndrome

A genetic condition in which a person who is genetically male is resistant to male sex hormones, leading to the development of female physical traits but male genetic makeup.

Instrumentality

Being oriented toward tasks and problem solving.

Androgynous

describes a person or characteristic that blends or encompasses both traditional male and female qualities.