When the Demand for a Product Is Less Elastic Than

question 149

True/False

When the demand for a product is less elastic than the supply, consumers pay the majority of the tax on the product.

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Definitions:

Cope Elimination

A reaction where an amine oxide is heated, leading to the elimination of a hydroxylamine and the formation of an alkene.

Amine Oxide

A compound featuring an amine group bonded to an oxygen atom, typically formed by the oxidation of amines.

Quaternary Ammonium Salt

A compound containing a nitrogen atom bonded to four alkyl groups, with a positive charge balanced by a negatively charged anion.

Alkyl Sulfonyl Chloride

Organic compounds used as intermediates in the synthesis of sulfonyl derivatives, featuring a sulfonyl group attached to an alkyl chain ending with a chlorine atom.