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CIMAPRA17-BA1-1 Exam - Topic 1 Question 68 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 68
Topic #: 1
[All CIMAPRA17-BA1-1 Questions]

When a tax is imposed upon a commodity which the producers must pay to the government, this will cause the commodities?

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Suggested Answer: B

by Loreta at Mar 30, 2023, 04:15 PM

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Adell
7 months ago
It's all about the cost to producers, definitely D!
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Pamela
7 months ago
I thought it would just raise prices, not shift the curve.
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Jess
7 months ago
Wait, why would the demand curve shift? That doesn't make sense.
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Ashlee
7 months ago
Totally agree, D is the right answer!
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Jaleesa
8 months ago
Taxes on producers usually shift the supply curve to the left.
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Robt
8 months ago
I feel like the demand curve might shift too, but I can't recall if that's the case with a producer tax.
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Cecil
8 months ago
This reminds me of a practice question where a tax caused a shift in the supply curve. I think it was to the left, but I could be wrong.
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Dong
8 months ago
I remember something about taxes affecting supply, but I'm not sure if it's always to the left.
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Corrie
8 months ago
I think the tax would make it more expensive for producers, so maybe the supply curve shifts to the left?
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Aleshia
8 months ago
This seems like a straightforward question. I'd focus on being specific about the issues the testers encountered, as that will provide the most valuable feedback for improving the system.
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Galen
8 months ago
This type of question is a good test of our understanding of different laws and regulations. I recall from my studies that the Personal data protection act has strict requirements around the handling and purchase of personal data, so I believe that is the correct answer here.
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Rosamond
8 months ago
From the practice questions, I recall that creating a CSR is a key part of this process. I might lean towards that option.
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Alita
8 months ago
Hmm, I'm a bit confused by the wording of this question. It's asking about restricting MAC addresses, but also mentions enabling Cisco Discovery Protocol. I'll need to carefully read through the details to make sure I understand the full requirements.
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Norah
8 months ago
I'm not totally sure about this one. I know the Elastic Network Capacity pattern uses automated scaling, but I'm not confident I can recall the specific mechanism they use to detect traffic spikes. I'll have to make an educated guess.
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Felicia
8 months ago
This is a tricky one. There are a lot of competing interests and values at play here. I'll need to really dig into the facts and history of the community to understand the full context before I can make a recommendation.
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Denae
1 year ago
Hey, at least the tax man isn't asking us to calculate the new equilibrium price. That would be a real headache!
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Tora
11 months ago
C) Demand curve to shift to the left
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Linn
12 months ago
A) Supply curve to shift to the left
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Veronika
1 year ago
Hmm, let me think this through. If the producers have to pay a tax, that means their costs go up, right? So, the supply curve shifts to the left. Gotta be option D!
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Asuncion
12 months ago
Exactly, the tax would increase the cost for producers, leading to a decrease in supply.
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Malika
12 months ago
Yeah, that makes sense. So, the answer would be D, supply curve to shift to the left.
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Alverta
1 year ago
I think you're right, the supply curve would shift to the left because of the tax.
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Beatriz
1 year ago
D has got to be the correct answer. When producers have to pay a tax, it's like adding a weight to their supply, making them less willing to produce. Classic stuff!
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Helaine
12 months ago
D) Supply curve to shift to the left
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Aretha
12 months ago
C) Demand curve to shift to the left
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Buddy
1 year ago
A) Supply curve to shift to the right
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Tamekia
1 year ago
Aha, I remember this from my economics class! The tax increases the cost of production, so the supply curve shifts to the left. Easy peasy!
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Cecilia
11 months ago
Spot on! The tax on producers results in a shift to the left in the supply curve.
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Alaine
11 months ago
Exactly! The tax on producers leads to a leftward shift in the supply curve.
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Arthur
12 months ago
That's correct! The tax imposed on producers causes the supply curve to shift to the left.
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Georgeanna
1 year ago
Yes, you're right! The supply curve shifts to the left because the tax increases the cost of production.
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Meghann
1 year ago
I remember learning about this in economics class too. It's interesting how taxes can affect supply and demand.
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Delila
1 year ago
Exactly! It's all about how taxes impact the supply curve.
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Florencia
1 year ago
So, the correct answer is D) Supply curve to shift to the left.
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Luther
1 year ago
That's right! The tax increases the cost of production, causing the supply curve to shift to the left.
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Sharen
1 year ago
This seems like a straightforward application of the basic principles of supply and demand. The supply curve should shift to the left, as the producers have to pay a tax, reducing their willingness to supply the commodity.
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Yvette
1 year ago
But wouldn't producers reduce supply if they have to pay more taxes, causing the supply curve to shift to the left?
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Stacey
1 year ago
I disagree, I believe the answer is D) Supply curve to shift to the left.
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Yvette
1 year ago
I think the answer is C) Demand curve to shift to the left.
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