Which of the following is not characteristic of an excise tax?
A. Purchasers of luxury items are responsible for paying any excise tax directly to the government.
B. Excise tax rates typically are higher than general sales tax rates.
C. An excise tax is levied on the retail sale of specific goods.
D. All of the above are characteristics of an excise tax.
Answer: A
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a. market grouping b. common trade alliance c. retailer monopoly d. marketing channel
A gender difference in communication styles is that women tend to be more directive in their conversation, whereas men emphasize politeness
Indicate whether the statement is true or false.
Ballpark Sportsfield, Inc, files a suit against Concessions & Tailgate Services. The document that informs Concessions & Tailgate that it must file an answer within a specified time period is
a. the answer. b. the complaint. c. the writ of certiorari. d. the summons.
A differentiation strategy works best when a
A. firm has tangible resources, its focus of competition shifts to price, and equivalent substitutes are readily available. B. firm has intangible resources, is able to pass on increases in supplier cost to the customer, and its differentiation appeal creates customer loyalty. C. firm's differentiated products are commoditized, and costs of providing uniqueness do not rise above the customer's willingness to pay. D. firm's focus of competition shifts to price, and when increasing differentiation of product features do not create additional value.