In a Lumber Mill,which of the Following Would Most Likely

question 48

Multiple Choice

In a lumber mill,which of the following would most likely be considered a primary product?

• A)2 ´ 4 studs
• B)sawdust
• C)wood chips
• D)tree bark

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Definitions:

Corporate Income Tax

A tax imposed on the net income (profit) of corporations, calculated at a corporate tax rate.

Capital Intensive Techniques

Production methods that require a higher investment in physical capital rather than labor.

Payroll Tax

Impositions required from employers or employees, consistently based on a proportion of the payment to laborers.