-Refer to the Information Above to Answer This Question

question 36

Multiple Choice

-Refer to the information above to answer this question.If the government imposes a $2 per unit sales tax on this product,how much of that tax will consumers pay and how much will sellers pay?

• A)Consumers will pay all $2 of the tax.
• B)Consumers will pay $1.50 and sellers $.50.
• C)Consumers and sellers will each pay $1.
• D)Consumers will pay $.50 and seller $1.50.
• E)Sellers will pay all $2 of the tax.

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Definitions:

Directed Verdict

A ruling by a judge in a jury trial, typically in favor of one party, when the judge concludes that no reasonable jury could reach a different verdict.

Trial Judge

A judge who presides over a trial court, responsible for ensuring the legal process is followed during court proceedings.

Voir Dire

A process in court proceedings where potential jurors are questioned about their qualifications and suitability to serve on a jury.

Jury Screening

The process of selecting jurors for a trial, involving questioning and vetting to ensure impartiality.