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Economics Practice Test 8

Taxes Multiple Choice Questions (MCQs) PDF Download - 8

The Taxes MCQ with Answers PDF (Taxes Multiple Choice Questions (MCQs) PDF e-Book) download Ch. 8 to study Economics online courses. Solve Supply, Demand, and Government Policies Quiz Answers PDF, taxes Test for online bachelor degree programs in business administration. The Taxes MCQ Quiz App Download: Free certification app for demand curve, should un trade with other countries?, taxes test prep to learn online educational courses.

The MCQ: The condition when the burden of paying tax is shared among the collective participants in a market is known as; "Taxes" App (Free Android & iOS) with answers: Tax on sellers; Tax on buyers; Tax incidence; Tax administration; for online bachelor degree programs in business administration. Study supply, demand, and government policies questions and answers to improve problem solving skills for online BBA degree.

Taxes MCQ Quiz with Answers PDF Download: Test 8

MCQ 36:

The condition when the burden of paying tax is shared among the collective participants in a market is known as

  1. tax on buyers
  2. tax on sellers
  3. tax incidence
  4. tax administration
MCQ 37:

The best opportunity to increase country's prosperity is

  1. quota
  2. embargo
  3. tariffs
  4. trade and specialization
MCQ 38:

When price of popcorn reduces whereas the price of movie tickets increases and vice versa, are to be known as

  1. inferior goods
  2. complementary goods
  3. substitutes
  4. normal goods
MCQ 39:

The amount of one good which must be given up in order to release resources necessary to produce an additional unit of another good is known as

  1. marginal rate of cost
  2. average rate of cost
  3. marginal rate of substitution
  4. marginal rate of transformation
MCQ 40:

One of the basic loss suffers by society because of levying taxes or subsidies is known as

  1. loss for buyers
  2. loss for sellers
  3. dead weight loss of taxation
  4. shortage of taxation

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Taxes App (Android & iOS)

Taxes App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (iOS & Android)

Business Mathematics App (Android & iOS)

Business Mathematics App (Android & iOS)

Marketing Management App (Android & iOS)

Marketing Management App (iOS & Android)