Which of the Following Individuals Are Communicating a Message

question 7

Multiple Choice

Which of the following individuals are communicating a message?

• A) A mother spanking her son for playing with matches
• B) A teenage boy isolating himself and playing loud music
• C) A biker sporting an eagle tattoo on his biceps
• D) A teenage girl writing, "No one understands me"
• E) A father checking for new email on a regular basis

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Definitions:

Land Taxes

Taxes imposed on property owners based on the value of their land, commonly used by governments as a source of revenue.

Incentive Function

The inducement that an increase in the price of a commodity gives to sellers to make more of it available (and conversely for a decrease in price), and the inducement that an increase in price offers to buyers to purchase smaller quantities (and conversely for a decrease in price).

Rental Payments

Rental payments are periodic payments made by a tenant to an owner for the use of property, such as for housing or commercial space.

Productive Efficiency

The production of a good in the least costly way; occurs when production takes place at the output at which average total cost is a minimum and marginal product per dollar’s worth of input is the same for all inputs.