Home » Economics » Ad valorem tax means?Ad valorem tax means? Ad valorem tax means? A. a certain percentage tax based on the value of the commodity B. a certain percentage tax based on the volume of the commodity C. a tax on the income of the consumer D. payment of a tax on the profits made Correct Answer: Option A Explanation Related Posts If the coefficient of price elasticity of supply is greater than one, the supply is… Which of the following is not a feature of Sole Proprietorship? balance of trade is define as the relationship between Demand in Economics is synonymous with The main reason for charging interest is to? The value of money is determined by the
