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Solve the Problem A)265, 305
B)25

question 53

Multiple Choice

Solve the problem.
-Using the employment information in the table on Alpha Corporation, find the class boundaries for class 26-30.  Years employed at Alpha Corporation  Class Limits  (years of service)   Frequency  (No. of employees)  155610201115251620102125526303\begin{array}{l}\text { Years employed at Alpha Corporation }\\\begin{array} { c | c } \begin{array} { c } \text { Class Limits } \\\text { (years of service) }\end{array} & \begin{array} { c } \text { Frequency } \\\text { (No. of employees) }\end{array} \\\hline 1 - 5 & 5 \\6 - 10 & 20 \\11 - 15 & 25 \\16 - 20 & 10 \\21 - 25 & 5 \\26 - 30 & 3\end{array}\end{array}


Definitions:

Tax Per Unit

A tax that is levied on a per unit basis, meaning for every unit of a good produced or sold, a certain amount of tax is paid.

Deadweight Loss

A reduction in economic effectiveness that happens when a good or service does not reach, or cannot reach, its equilibrium state.

Tax Per Unit

Tax per unit is a fixed amount of tax applied to a product or service, regardless of its price, which directly affects the supply curve by increasing production costs.

Tax Levied

The process of imposing a tax by a governing authority on the citizens and organizations.

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