In Graphical Form,the Effect of Imposing a Tax on a Good

question 139

Multiple Choice

In graphical form,the effect of imposing a tax on a good is shown as

• A) a leftward shift of the market supply curve.
• B) a rightward shift of the market supply curve.
• C) a downward movement along the market supply curve.
• D) no change to the market supply curve.

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Definitions:

Intercultural Communication

Communication between or among people who have different cultural traditions.

Third Culture

Common ground established when people from separate cultures create a third, “new”, more comprehensive and inclusive culture.

Mindfulness

A mental state achieved by focusing one's awareness on the present moment, often used as a therapeutic technique.

Friendship

A relationship of choice that exists over time between people who share a common history.