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PROPORTIONAL TAX
Is where whatever the size of income, the same rate or same percentage is charged. Examples are commodity taxes like customs, excise duties and sales tax.
Its advantage is that it's much simpler than progressive taxation.
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the caseabove.
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what are the limitation of managerial economics and what is the solution of it?
monopoly
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who are the contributors in economics and what they contribute in economics
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