An ad valorem tax means

Economics

JAMB 1979

A. total amount of an income tax
B. a certain percentage on the value of a commodity
C. a certain percentage tax on the volume of commodity
D. a tax on capital gain
E. a profit tax

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Correct Answer: Option B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

Previous Next

Go back to Econs classroom

Report an Error Ask A Question Download App

Your School's Whatsapp Group - Join Us now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

49. Fill in the blank space with the correct word(s), from the options lettered A-D. In the sentence "The girl... Answer this

4 Answers · 2 years ago
what are the importance of citizen to the society? Answer this

1 Answers · Education · 1 week ago
Five reasons why the public service sector in Nigeria performs below expectation? Answer this

1 Answers · Current Affairs · 1 week ago

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

An ad valorem tax means

Correct Answer: Option B

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In