If T Represents the Size of the Tax on a Good

question 119

Multiple Choice

If T represents the size of the tax on a good and Q represents the quantity of the good that is sold, total tax revenue received by government can be expressed as

• A)T/Q.
• B)T + Q.
• C)T × Q.
• D)(T × Q)/Q.

---

Definitions:

Attitudinal

relates to attitudes or mannerisms, often referring to the psychological aspect that determines how people perceive and interact with their environment.

Secondary Data Collection

The process of gathering existing data that was collected by someone else for a purpose other than the current research need.

Database Search

The process of querying a database to retrieve specific information or records based on certain criteria.

Secondary Research

Secondary Research involves the analysis and interpretation of existing information gathered from previously conducted studies and publicly available data, rather than original data collection.