Examlex
What is the full form of "BARS"?
Corporate Profits Tax
A tax imposed on the income or profit of corporations.
Long Run
A time frame where every element of production and expenses can vary, enabling complete adaptation to any shifts.
Capital/Labor Intensity
A measure of the ratio of capital to labor in the production process, indicating whether an economy or sector relies more on capital investment or labor.
Corporate Profits Tax
A tax imposed by governments on the income earned by companies and corporations.
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