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Figure 3-13.The following 6 months of data were collected on electricity cost and the number of machine hours in a factory.
-Refer to Figure 3-13. Select the correct set of high and low months. High Low
Major Expenditure
Large financial spending, often on significant items or services, that represents a considerable portion of an entity's budget.
Sales Tax
A tax imposed by governments on the sale of goods and services, added to the retail price.
Tax Freedom Day
The day of the year when a nation as a whole has theoretically earned enough income to pay its taxes for the year.
Property Tax
A tax on the value of property (capital, land, stocks and bonds, and other assets) owned by firms and households.
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