Use the Following to Answer Questions

question 191

Multiple Choice

Use the following to answer questions :
Figure: Tax Incidence
-(Figure: Tax Incidence) Use Figure: Tax Incidence.All other things unchanged,when a good or service is characterized by a relatively elastic supply,as shown in panel _____,a greater share of the burden of an excise tax is borne by _____.

• A) a;buyers
• B) b;sellers
• C) b;buyers
• D) a;sellers

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Definitions:

Bloody Mucus

A bodily secretion consisting of blood and mucus, often indicating inflammation or infection in the respiratory tract, digestive system, or other areas of the body.

Active Bacterial Infection

A state in which bacteria are rapidly multiplying and invading body tissues, often causing symptoms.

Nasal Cavities

The hollow spaces within the nose, involved in breathing and filtering air before it reaches the lungs.

Pharynx

Throat; opens to airways and digestive tract.