The Table Below Shows the Quantity Demanded (In Thousands) and Quantity

question 17

Multiple Choice

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-Which of the following is a tool of commercial policy?

• A)Corporate income tax
• B)Payroll tax
• C)Excise duty
• D)Tariff
• E)Octroi duty

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Definitions:

Consumer Is King

A business philosophy emphasizing the importance of understanding and satisfying the needs and preferences of consumers to ensure success.

Era

A distinct period of history marked by notable events, characteristics, or developments.

Relationship

A connection or association between two or more people, entities, or concepts.

Marketing

The process of promoting, selling, and distributing a product or service, including market research and advertising.