If T Represents the Size of the Tax on a Good

question 5

Multiple Choice

If T represents the size of the tax on a good and Q represents the quantity of the good that is sold,total tax revenue received by government can be expressed as

• A)T/Q.
• B)T+Q.
• C)TxQ.
• D)(TxQ)/Q.

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Definitions:

Lumping Species

In taxonomy, the practice of grouping together organisms that are very similar but considered distinct species, emphasizing similarities over differences.

Tertiary Scavengers

Organisms that feed on dead animals after primary and secondary scavengers have done so, often contributing to the final stage of decomposition.

Scavenged Food

Food obtained by finding and consuming leftovers or waste, rather than through hunting, farming, or purchasing.

Denisovans

A recently discovered archaic human group inhabiting parts of Asia identified by fossils (dated to 30-50 kya) and its genome sequence, which shows interbreeding among ancestral groups.