A Specific Tax

question 14

Multiple Choice

A specific tax

• A) Is a fixed dollar amount that must be paid on each unit bought or sold
• B) Is a tax that is stated as a percentage of the good's price
• C) Is a tax that is stated as a percentage of the good's price, which increases as quantity bought increases
• D) Is a tax that is only paid by producers

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Definitions:

Need For Achievement

A personal drive to excel or succeed in tasks, often indicative of motivation levels and goal-oriented behavior.

Group Responsibilities

The duties and tasks that are collectively held by members within a team or organization.

Two-Factor Theory

Identifies job context as the source of job dissatisfaction and job content as the source of job satisfaction.

Job Context

The environmental and situational factors surrounding a job, including physical conditions, work tasks, and the social and organizational setting, which affect an employee's performance and satisfaction.