Which of the Following Sales Is Always Subject to Sales

question 72

Multiple Choice

Which of the following sales is always subject to sales and use tax in a state that assesses a sales and use tax?

• A) Tax preparation services.
• B) Automobiles.
• C) Inventory.
• D) Food.

---

Definitions:

Marginal Product

The additional output that is produced by adding one more unit of a specific input while holding all other inputs constant.

Market Wage

The prevailing wage rate paid for a specific job in the labor market, determined by the supply and demand for that type of labor.

Market Price

The going rate at which an asset or service can be acquired or disposed of in a certain market.

Marginal Product

The additional output gained by employing one more unit of a specific input, holding all other inputs constant.