Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
A tax applied to the total income of an individual
B
A tax imposed on each unit of a good or service sold
C
A tax that varies based on the profit margin of a company
D
A tax levied on properties based on their market value
Understanding the Answer
Let's break down why this is correct
Answer
A per-unit tax is a specific amount of money that the government charges for each unit of a product sold. This means that every time a company sells one item, they must pay a certain fee to the government. For example, if there is a $2 per-unit tax on soda, and a company sells 100 bottles, they will pay $200 in taxes. This tax can affect the price of the product because companies might raise prices to cover the cost of the tax. Overall, per-unit taxes are used to generate revenue for the government and can influence how much we pay for things.
Detailed Explanation
A per-unit tax is a fee added for each item sold. Other options are incorrect because This option confuses per-unit tax with income tax; This option suggests a tax based on how much profit a company makes.
Key Concepts
per-unit tax definition
Topic
Understanding Per-Unit Taxes
Difficulty
easy level question
Cognitive Level
understand
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