passpadi

2012

Economics

67e856d33cf20db308447ec1

When Lump-sun tax is paid by a producer, it means that;

A.

The tax is paid proportional to the quantity of output produced

B.

The tax is paid regardless of volume of output

C.

The tax is paid in arrears

D.

The tax is returned to the producer after the payment

Correct Answer: The tax is paid regardless of volume of output

Explanation

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