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Book Mark Publishing House Had Released a New Book

question 43

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Book Mark Publishing House had released a new book.When the firm wanted to calculate the amount earned from the new novel,it included all variable and fixed joint costs related to the product.This implies that the publisher was using:


Definitions:

Excise Taxes

Taxes charged on the sale of specific goods and services, such as alcohol and tobacco, often used as a tool for discouraging their consumption.

Sales Taxes

Taxes levied on the sale of goods and services, normally calculated as a percentage of their price.

Marginal Social Benefit

The additional benefit to society as a whole from an increase in the consumption or production of one more unit of a good or service.

Pollution

The introduction of contaminants into the natural environment that cause adverse change, often impacting air, water, and soil quality.

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