Suppose That the Government of New York State Promises to Decrease

question 191

Multiple Choice

Suppose that the government of New York state promises to decrease taxes to a firm if it decides to stay in New York instead of moving to another state. This policy on the part of the state constitutes ________, to make the ________ of the firm remaining in New York.

• A) an incentive; marginal benefit exceed the marginal cost
• B) an incentive; marginal cost exceed the marginal benefit
• C) a command; marginal benefit exceed the marginal cost
• D) a command; marginal cost exceed the marginal benefit

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Definitions:

Dollar Sales Volume

The total revenue achieved from the sales of products or services, measured in dollars.

Customer Contacts

Interactions or communications between a business and its customers through various channels like phone, email, or in-person visits.

Input-Related

Pertains to factors, resources, or materials that are required for the production process or service delivery.

Sales Objective

A specific goal set by a business or sales team aimed at increasing the quantity or quality of sales over a certain period.