A Specific Tax

question 101

Multiple Choice

A specific tax

• A)increases supply by shifting the curve up.
• B)is a tax that is paid only by producers.
• C)is a per-unit tax on a good.
• D)is a percentage tax on the total value of sales.
• E)is proportionate to the total value of a good sold.

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Definitions:

Adoption

The act of starting to use something new or integrating a new system, product, or idea into one's regular usage.

Supply Base

The collective group of suppliers and vendors from which a company procures goods and services.

Insource

The practice of performing a business function or task within a company, instead of contracting it out to a third party.

Cross-Functional

Pertaining to a process, project, or team that involves and utilizes the expertise of members from different departments or areas of discipline.