Assume the Government Introduces a $0

question 16

Multiple Choice

Assume the government introduces a $0.50 per gallon tax on gasoline. Which of the following is true?

• A) The quantity of subway and bus tickets sold is likely to increase.
• B) The quantity of cars sold is likely to increase.
• C) The quantity of gasoline sold is likely to increase.
• D) The quantity supplied by producers will decrease

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Definitions:

Perceived Obligation

The belief or feeling that one is duty-bound to perform certain actions.

Regulative Commitment

An individual's adherence to the rules and policies of an organization due to awareness of costs associated with leaving it.

Attitude Change

The process by which an individual's feelings, beliefs, or behaviors towards a particular entity, idea, or person are altered.

Persuasion Process

A series of steps aimed at changing a person's attitude or behavior towards a topic, idea, or action, typically involving the presentation of persuasive messages.