Figure 6-21 -Refer to Figure 6-21.What Is the Amount of the Tax

question 26

Multiple Choice

Figure 6-21
-Refer to Figure 6-21.What is the amount of the tax per unit?

• A)$1
• B)$2
• C)$3
• D)$4

---

Definitions:

Retailer's Cost

The price a retailer pays to procure goods for sale, not including additional expenses like marketing or distribution.

Mark-up

The amount added to the cost price of goods to cover overhead and profit, resulting in the retail price.

Retailer

A business or person that sells goods to the consumer, as opposed to a wholesaler or supplier.

Cost

The value spent to acquire or produce something, including the amount of money, time, or resources.