If the Demand Curve Is Very Inelastic and the Supply

question 300

True/False

If the demand curve is very inelastic and the supply curve is very elastic in a market, then the sellers will bear a greater burden of a tax imposed on the market, even if the tax is imposed on the buyers.

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Definitions:

Variable-Interval Schedule

A reinforcement schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed, creating a variable pattern of reinforcement.

Fixed-Ratio Schedule

A schedule of reinforcement where a response is rewarded after a specified number of responses, leading to a high and steady rate of responding.

Variable-Ratio

A reinforcement schedule where a response is rewarded after an unpredictable number of responses, enhancing the response rate.