A tax levied on the total amount spent in retail stores is called
a. a sales tax.
b. an excise tax.
c. a retail tax.
d. an income tax.
a
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Employees at Xeta Inc are divided into teams and each team is then assigned work. However, the management often finds it difficult to measure the level of effort each worker provides as the output is generated by the team as a whole
What can the management do to motivate workers to refrain from shirking?
Refer to Scenario 12.2. What is the profit maximizing price?
A) 205.72 B) 240 C) 210 D) all of the above E) none of the above
Which of the following is not consistent with a goal of reducing the power of firms in the market?
a. shortening patent life b. creative destruction theory c. countervailing power theory d. Schumpeter's economies of scale argument e. antitrust policy
EBT cards are
A. bought and sold in a perfectly competitive market. B. only available to low-income families with children. C. used to subsidize grocery purchases. D. fully funded through state tax revenues.