Which Set Consists of Alternatives That Are Considered Acceptable for Further

question 59

Multiple Choice

Which set consists of alternatives that are considered acceptable for further contemplation in the decision-making process?

• A) awareness
• B) universal
• C) consideration
• D) possible

---

Definitions:

Excise Tax

A tax on specific goods or services, such as tobacco, alcohol, and gasoline, designed to raise revenue and/or discourage consumption of certain products.

Equilibrium

A state in which the conflicting forces of demand and supply are in balance. When a market is in equilibrium, the decisions of consumers and producers are brought into harmony with one another, and the quantity demanded will equal the quantity supplied.

Revenue

Aggregate income a company secures from its sales of products or rendering of services in a given period.

Excise Tax

A tax imposed on specific goods, services, or activities to raise revenue or discourage their use.