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.

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Definitions:

Insect Infestation

The presence of large numbers of insects in a place, causing damage or disease to crops, buildings, or animals.

Structural Defects

Flaws or imperfections in the construction or design of a building or structure that can affect its stability, safety, or usability.

Electrical Problems

Issues related to electrical systems and components, characterized by faults or malfunctions in wiring, devices, or circuits, often requiring professional diagnosis and repair.

Plumbing Problems

Issues related to the systems that convey water in a building for heating, cleaning, and drinking, along with the removal of waterborne wastes.