Which of the following statements is true?
...Which of the following statements is true?
A proportional tax is one which takes from high income people a larger fraction of their income than it takes for low income people
Taxes on commodities of services which can be shifted elsewhere are usually called direct taxes
The sole proprietor is a legal entity
The influence of demand on price will be smallest on the short run
The cost of production is the most important determining factor of supply in the long run
Correct answer is D
No explanation has been provided for this answer.
A major disadvantage of the arithmetic means is that it is ...
The expression of cost in terms of alternative forgone is referred to as ____? ...
The short-run in production is the time period when ...
In a sole proprietorship, decisions are made by the ...
In a period of unemployment and falling prices, the government should adopt a ...
The reward to capital as a factor of production is ...
Which of the following can have their shares quoted on the stock exchange? ...
Which of the following problem has the least effect on agricultural productivity in West Africa? ...
The most acceptable economic measure for trade protection is to ...