Assume That a Product Has the Following Three Stages of Production

question 2

Multiple Choice

Assume that a product has the following three stages of production: $\begin{array}{cc}\text { Production Stage } & \text { Selling Price } \\1 & € 10 \mathrm{C} \\2 & € 250 \\3 & € 75 \mathrm{C}\end{array}$ If the value-added tax (VAT) rate is 20 percent,what would be the VAT over all stages of production?

• A)€110
• B)€120
• C)€150
• D)€225

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Definitions:

Attitude

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor, shaping how individuals think, feel, and behave.

Homosexuals

Individuals who are emotionally, romantically, or sexually attracted to members of the same sex.

Bisexuals

Are people who enjoy sexual partners of both sexes.

North American Aboriginal

Indigenous peoples in Canada and the United States, including First Nations, Inuit, and Métis in Canada, and Native Americans in the U.S.