A Tax on the Buyers of Cereal Will Increase the Price

question 131

Multiple Choice

A tax on the buyers of cereal will increase the price of cereal paid by buyers,

• A)decrease the effective price of cereal received by sellers,and decrease the equilibrium quantity of cereal.
• B)decrease the effective price of cereal received by sellers,and increase the equilibrium quantity of cereal.
• C)increase the effective price of cereal received by sellers,and decrease the equilibrium quantity of cereal.
• D)increase the effective price of cereal received by sellers,and increase the equilibrium quantity of cereal.

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Definitions:

Force Field

A concept in psychology and organizational change referring to the dynamic between forces driving change and forces resisting it, influencing the pace and direction of change.

Driving Forces

The motivations or influences that propel an individual, group, or organization towards specific goals or changes.

Restraining Forces

Factors that hinder or slow down the process of change within an organization.

Stability

The quality of being steady and unchanging, often used to describe a steady job or a stable economic environment.