Sally Is Never Sure of the Right Thing to Do

question 120

Multiple Choice

Sally is never sure of the right thing to do. She married Tod and has been wondering for years if that was the right decision. She is exhibiting:

• A) a compulsion.
• B) obsessive ideas.
• C) obsessive doubts.
• D) obsessive images.

---

Definitions:

Specific Tax

A fixed amount of tax imposed on a product, service, or transaction, regardless of its price.

Competitive Market

A market structure characterized by a large number of buyers and sellers where no single participant can significantly influence the price of goods or services.

Demand Curve

A graph showing the relationship between the price of a good and the amount of the good that consumers are willing to purchase at that price.

Deadweight Loss

The reduction in economic efficiency that happens when equilibrium is not reached or is unattainable for a specific good or service.