Which of the Following Statements Is True of the Tax

question 144

Multiple Choice

Which of the following statements is true of the tax on gasoline?

• A)The cost of collecting a gasoline tax outweighs the revenues raised by the tax.
• B)It is preferred to tolls as the best solution to road congestion.
• C)It discourages driving on noncongested roads, even though there is no congestion externality for these roads.
• D)Both b and c are correct.

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Definitions:

T-account Close

A closing technique in sales where pros and cons are weighed against each other, similar to entries in a T-account, to assist in decision-making.

Continuous-agreement

An ongoing contract that renews automatically until explicitly terminated by one party.

Sales Presentations

Structured and often persuasive presentations aiming to convince potential buyers to purchase a product or service.

Compliment Close

A sales technique where the seller compliments the potential buyer in a genuine manner to create a positive end to a sales interaction, hoping to secure the sale.