If a Tax Is Placed on Tyres, Then I

question 74

Multiple Choice

If a tax is placed on tyres, then i. the equilibrium quantity of tyres will decrease.
Ii) a deadweight loss will be created.
Iii) the producer surplus will decrease.

• A) i and iii
• B) ii only
• C) i and ii
• D) i only
• E) i, ii and iii

Understand the concept of moral and authentic leadership and its impact on organizational success.

Differentiate between various leadership styles and their appropriateness in diverse organizational contexts.

Appreciate Peter Drucker’s perspective on effective leadership principles.

Relate the concepts of servant leadership and transformational leadership to ethical and moral leadership practices.

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Definitions:

Unskilled Workforce

A section of the labor market that has no special training or skills, typically associated with lower-paying jobs that require minimal education or training.

Prices Rose

An economic condition where the general level of prices for goods and services increases over a period.

Filibusters

A parliamentary procedure used in various legislative bodies to extend debate or delay decisions on a bill, often by making long speeches.

Expansion Techniques

Expansion techniques refer to strategies or methods employed by businesses, organizations, or nations to grow their operations, influence, or territories.