________ Is an Example of Communication

question 15

Multiple Choice

________ is an example of communication.

• A) Writing the plotline of a book that you intend to write
• B) Setting a reminder text on your cellphone
• C) Updating your status on a social networking site
• D) Listening to classic tunes on an MP3 player
• E) Reading the newspaper

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Definitions:

Output Tax

A tax levied on the quantity of production or output generated by a company, as opposed to income or profit.

Perfectly Elastic

An economic term describing a situation where the quantity demanded or supplied changes infinitely in response to any change in price.

Increasing-Cost Industry

Industry whose long-run supply curve is upward sloping.

Output Tax

A tax levied on the production or output of goods and services, often implemented to regulate or diminish the production of certain products.