When a Tax Is Imposed on an Item, It Can

question 215

Multiple Choice

When a tax is imposed on an item, it can generally be said that the incidence of the tax is

• A)entirely on the buyer.
• B)entirely on the seller.
• C)on both the buyer and seller.
• D)not determined in this manner.

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Definitions:

Colour And Timbre

Attributes of sound and light; color refers to the visual property determined by wavelength, and timbre to the quality of a sound that distinguishes different types of sound production.

Frequency And Wavelength

Characteristics of waves, where frequency is the number of cycles per second, and wavelength is the distance between consecutive peaks of a wave.

Relative Size

A perceptual cue which allows the determination of the depth of an object when comparing its size to that of another object of known size.

Texture Gradient

A visual cue in perception that refers to the gradual change in the appearance of objects as they recede into the distance, indicating depth.