Imposing a Unit Excise Tax on the Final Sale of a Good

question 175

Multiple Choice

Imposing a unit excise tax on the final sale of a good or service can be displayed graphically as

• A) a vertical shift upward of the demand curve.
• B) a vertical shift upward of the supply curve.
• C) a vertical shift downward of the demand curve.
• D) a vertical shift downward of the supply curve.

---

Definitions:

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, contributing to its ability to adapt and evolve.

Mutations

Changes in the DNA sequence of an organism's genome that can result in variations in physical appearance, function, or behavior.

Serotonin

A neurotransmitter involved in many functions, including mood regulation, digestion, and sleep.

Deoxyribonucleic Acid

A molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms.