Recall the Application About Taxing Different Groups of Drivers a Different

question 17

Multiple Choice

Recall the application about taxing different groups of drivers a different tax rate based on ages.The goal of taxing drivers for each mile they drive is to:

• A)keep insurance rates high.
• B)generate tax revenue to repair roads.
• C)internalize the external costs from collisions.
• D)get elderly drivers off the highways.

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Definitions:

Free Meal

Often a complimentary offering, implying that something is received without an apparent cost, though it may imply hidden costs or obligations.

Age

A measurement of the length of time that an individual has lived, often used as a demographic variable in research and analytics.

Segmentation Variable

A characteristic used to divide a market into distinct subsets of customers sharing similar needs, preferences, or behaviors, aiding in targeted marketing strategies.

Marketer

A professional involved in the promotion, distribution, and selling of products or services to meet consumer needs and desires.