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After completing cooking school with outstanding grades and recommendations, Joe and Gary both looked forward to working in restaurants. Joe found work as a short-order cook in a cramped diner. On many shifts he worked alone, and had to cook a large number of meals on outdated equipment. Gary found work in a modern hotel kitchen. He had a small staff helping him prepare a small number of elaborate meals to order. Gary became a highly regarded chef, while Joe left the restaurant industry. This example illustrates that an individual needs ________ in order to perform well.
Excise Tax
A charge imposed on the sale or use of particular products or services, including alcohol, tobacco, and fuel.
Tax Burden
The financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Consumers
Individuals or groups that purchase goods or services for personal use and not for manufacturing or resale purposes.
Producers
Individuals or businesses engaged in the creation of goods or services, aiming to sell them for a profit.
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