Which of the following is an example of an ad valorem tax? O A) 5% of...

 

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Which of the following is an example of an ad valorem tax? O A) 5% of price O B) 5% of quantity sold O C) $0.50 per unit sold OD) government regulation Which of the following is an example of an ad valorem tax? O A) 5% of price O B) 5% of quantity sold O C) $0.50 per unit sold OD) government regulation

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A 5 of price An ad valorem tax is a type of state tax in which the tax amou... View the full answer