Which of the Following Does Not Function as an Automatic

question 108

Multiple Choice

Which of the following does not function as an automatic stabiliser?

• A)Unemployment benefit payments.
• B)Government expenditure on road building programs.
• C)The Goods and Services Tax (GST).
• D)The personal income tax system.

Determine the reference value for setting prices in a competitive market.

Develop pricing strategies based on a product's cost, market position, and unique value proposition.

Understand the impact of operating costs on the total cost of ownership of a product.

Evaluate the useful life of products in terms of service hours and how it affects pricing.