If the Demand Curve for a Product Is Vertical, Any

question 28

True/False

If the demand curve for a product is vertical, any tax increase on the product is paid for entirely by the consumer.

---

Definitions:

Shaping

A behavioral psychology technique of progressively reinforcing behaviors that approximate or lead towards a desired goal behavior.

Conditioned Reinforcement

A process where a stimulus gains the capacity to reinforce desirable behaviors through its association with a primary reinforcer.

Reinforcement

A psychological principle that involves using consequences to strengthen a behavior, making it more likely to occur in the future.

Classical Conditioning

An instructive method involving the repeated pairing of two stimuli; a response, initially elicited by the second stimulus, is in time elicited by the first stimulus independently.