Examlex

Solved

Table 12-3 -Refer to Table 12-3.Assume That the Price of a Weekend

question 411

Multiple Choice

Table 12-3
Table 12-3    -Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.Suppose the government imposes a tax of $12 on skiing,which raises the price of a weekend ski pass to $57.How much tax revenue is collected from these four skiers? A)  $0. B)  $12. C)  $36. D)  $48.
-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.Suppose the government imposes a tax of $12 on skiing,which raises the price of a weekend ski pass to $57.How much tax revenue is collected from these four skiers?


Definitions:

Five-Factor Model

A theory identifying five primary dimensions of personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness

A personality trait characterized by thoroughness, carefulness, and the desire to do a task well.

Dependable

Capable of being relied on; trustworthy and consistent in performance or behavior.

Five-Factor Model

A model that outlines five broad dimensions of human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Related Questions