(Appendix) as the Demand Curve Becomes Steeper, the Proportion of a Sales

question 26

Multiple Choice

(Appendix) As the demand curve becomes steeper, the proportion of a sales tax paid by the seller

• A)Increases
• B)Decreases
• C)Stays the same
• D)Gets closer to zero

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Definitions:

Deliberate

To think over or consider something carefully and intentionally before making a decision.

Conscious

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Mental Set

A tendency to approach situations in a certain way because that method has worked in the past.

Concept

A mental representation of a category, object, or idea that helps in understanding and categorizing the world.