The Unique Characteristics of the Fifty States Are

question 9

Multiple Choice

The unique characteristics of the fifty states are

• A)diversity, competitiveness, and resiliency.
• B)uniformly high fiscal capabilities.
• C)a newfound willingness to accept federal mandates.
• D)a willingness to disregard critics and libertarians who argue that states should not tax the Internet.

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Definitions:

Breakeven

The juncture where total expenses match total income, leading to neither a net profit nor a loss.

Mark-up

A financial addition to the product's cost to cater to company overheads and profit gain.

Wholesaler

An individual or entity that buys goods in large quantities from producers to resell them to retailers or directly to customers, but typically not to the final consumer.

Selling Price

The amount of money a buyer pays to acquire a product or service from a seller.