A tariff is a:

A. Tax
B. Price ceiling
C. Quantity limit
D. Subsidy

A. Tax

Economics

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Economists argue that the corporate income tax is an example of a tax with a high deadweight loss because

A) it encourages corporations to seek ways to evade taxes. B) taxing a corporation's income amounts to double taxing the earnings on individual shareholders' investments in corporations. C) some of the burden of the tax is passed on to consumers in the form of higher prices. D) it discourages corporations from undertaking capital investments to enhance market competitiveness.

Economics

Mention some areas where partnerships are common. Give reason for your answer

Economics