The Government Unit That Wants to Achieve "Revenue Enhancement" Will

question 38

Multiple Choice

The government unit that wants to achieve "revenue enhancement" will find it considerably more favorable to enact an excise tax on goods whose demand is

• A)highly elastic.
• B)relatively elastic.
• C)highly inelastic.
• D)unitary elastic.

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Definitions:

Infant

A young child in the earliest period of life, especially from birth to one year old.

Classical Conditioning

A training method where two different stimuli are paired repeatedly, leading to a response initially triggered by the second stimulus being ultimately triggered by the first stimulus alone.

Laughing

The act or sound of expressing mirth, joy, or amusement through vocal chuckles or guffaws.

Touching

involves coming into contact with something or someone, typically conveying emotion or intention through physical contact.