Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in now• Progressive tax means that as the income of person goes up, the rates of tax goes up. Thus at higher incomes, more tax is levied. Eg Income tax in India • A proportional tax applies the same tax rate to all individuals regardless of income • Regressive tax means that as income goes up the rate of tax goes down • A specific tax is imposed on basis of any specific feature of a commodity eg its weights, its length, its volume etc. Thus, it is applicable per unit. Eg tax on cloth by length, tax on television by size. • Ad valorem tax is imposed on the basis of total value of a commodity i.e proportional to price
An owner of two new kittens would most likely use an experiential search or prior experiences when purchasing:
All of the following are critical components of a cohesive marketing program, except:
"Have you been to a dentist within the past six months? __ Yes __ No?" is an example of which type of question?
In principle, all goods and services are valued at _______, that is, inclusive of all taxes.
JIO entered Indian market place with "Unlimited Calling, Text, internet" for free for first three months. This pricing strategy is referred to as:
The market testing stage of the new-product process often involves test markets or purchase laboratories in which the variable to test is:
Which type of product positioning would most likely be used to avoid cannibalization?
Components of a consumer's income include:
The EU has benefited its member nations by providing each of the following EXCEPT:
What are the moral principles and values that govern the actions and decisions of an individual or group called?