First, prices determine what goods are to be produced and in what quantities; second, they determine how the goods are to be produced; and third, they determine who will get the goods.
In the scenario in which the teacher expresses her concern that Jimmy is not being socialized properly and his dad insists that he was the same way at Jimmy's age and that disrupting the class is natural for the children in his family Jimmy's teacher and father are arguing about the Nature vs. Nurture sociological theory.
“nature” refers to biological/genetic predispositions’ impact on human traits, and nurture describes the influence of learning and other influences from one’s environment. In this case, Jimmy's father explains that "nature" is responsible for Jimmy's behavior, and Jimmy's teacher explains that "nurture" is responsible.
Answer:
a. The sale of local goods
Explanation:
Every states in America has different tax regulations on wide variety of products. This difference was intended to ensure that the state can help a certain type of economic sector to grow depending on the availability of the resources.
In taxation, Sale of local goods fall under the jurisdiction of the States' and local government.
Example of this would be the sales of oil. In Texas, oil sales usually subjected to around 2.6% sales tax regardless of the usage. In New York, people don't have to pay it as long as it's for household usage.
