Which of the Following Sales Is Always Subject to Sales

question 64

Multiple Choice

Which of the following sales is always subject to sales and use tax?

• A) Tax preparation services.
• B) Automobiles.
• C) Inventory.
• D) Food.

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Definitions:

Consumer Equilibrium

In marginal utility theory, the combination of goods purchased that maximizes total utility by applying the utility-maximizing rule.

Prices

The amount of money required to purchase a good or service, often determined by the forces of supply and demand in the market.