Examlex

Solved

A Law Is Passed That Requires the Buyers of a Good

question 210

Multiple Choice

A law is passed that requires the buyers of a good to pay a tax on each unit of the good they buy.The initial effect of the tax is on


Definitions:

Investment Center

A business segment or unit within an organization for which the manager has control and is responsible for its revenue, expenses, and the assets invested in the center.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments.

Residual Income

The amount of income that exceeds the minimum target return, often used in performance measurement and managerial compensation.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.

Related Questions