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What type of sales tax is often placed on undesirable commodities or luxury goods?
Wiki User
∙ 9y ago
combustion tax
Wiki User
∙ 9y ago
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Taxes placed on luxury goods or services are known as?
excise taxes
What is meant by the term commodities and futures?
Commodities are services and goods. Soft commodities are goods that are grown, hard commodities are goods that are mined. A futures is a contract to buy commodities or financial instrument set in certain time in the future. These contracts are traded.
What are consumer goods and what are industrial goods?
consumer goods are commodities which satisfy wants directly
What is the purpose of commerce?
An icterchange of goods or commodities
Which word is synonymy to goods?
Merchandise, supplies, commodities
What is report of branded Goods?
A large cargo or shipment of commodities is usually branded as goods.
Chinese merchants traded luxury goods for?
Luxury good were traded by Chinese merchants for Spices, Teas, and Porcelain goods.
What commodities are produce how are goods produce and for whom are goods produce?
they let the customers and citizens decide.
Why did some Greek settlements trade?
To exchange their surplus commodities for other commodities they needed. To make a financial profit from trading commodities and services.
Suppose a customer purchases only 2 goods Can both goods be luxury goods?
The goods are deserts The goods are deserts
The difference between essential and luxury goods?
essential-needed to survive luxury-wanted
What economy accepts goods and services in exchange for commodities?
barter economy
