A Direct Tax Is on a ____,While an Indirect Tax

question 208

Short Answer

A direct tax is on a ____,while an indirect tax is on a ____.

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Definitions:

Marginal Physical Product

The additional output that can be produced by adding one more unit of a specific input, while holding other inputs constant.

Additional Output

The extra amount of production generated as a result of increasing inputs or improving efficiency.

Productivity

A measure of the efficiency of production, often expressed as the ratio of outputs to inputs in a production process.

Per Unit

A measurement specific to one unit of a good or service, indicating cost, price, or quantity related to a single unit.