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An airplane undergoes the following displacements: First,it flies 66 km in a direction 30° east of north.Next,it flies 49 km due south.Finally,it flies 100 km 30° north of west.Using vector components,determine how far the airplane ends up from its starting point.
Excise Taxes
Taxes paid when purchases are made on a specific good, such as gasoline, usually levied by the government on the sale of goods and services.
Shifting of Taxes
The process by which the burden of a tax is transferred from one party, such as the seller, to another, such as the buyer.
Perfectly Inelastic
A situation where the demand for a product does not change in response to a change in price.
Excise Tax
A tax levied on specific goods, services, or transactions, often based on quantity purchased rather than value, such as taxes on cigarettes, alcohol, and fuel.
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