Examlex

Solved

A $5 Per Unit Sales Tax Is Bad for Consumers

question 48

True/False

A $5 per unit sales tax is bad for consumers because it implies that the total amount (price plus tax)that they must pay increases by $5.


Definitions:

Personal Selling

A direct marketing approach where salespersons personally communicate with potential customers to sell products or services.

Government Intervention

Actions taken by a government to influence or regulate various activities, markets, or economic conditions in a country.

Related Questions