When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than $1.00. A tax on sellers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied.
Answer:
The correct answer is letter "A": searching by brand.
Explanation:
Consumers search by brand when they have decided what product they want to buy but need to compare what one company offers compared to another. This will help consumers differentiate prices, features, and the additional benefits companies offer for selling the same product.
Eventually, the consumer will choose the product that provides him or her with more benefits assuming the decision that an individual will make is rational.
This is True.
Being an entrepreneur means starting a business venture by placing a new product on the market and then profiting from it.<span />
The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.