ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A slotting fee-sometimes referred to as a shelving fee, or slotting allowance-is a cost that manufacturers pay to place their products on retail shelves. It is a one-time charge that ensures brands will be able to stock a new product until its sales performance can be established, usually within four to six months.

Detailed explanation-2: -A special assessment tax is a surtax levied on property owners to pay for specific local infrastructure projects such as the construction or maintenance of roads or sewer lines. The tax is charged only to the owners of property in the neighborhood that will benefit from the project.

Detailed explanation-3: -Dumping is a term used in the context of international trade. It’s when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter’s domestic market.

Detailed explanation-4: -An Easement in Gross is not an appurtenance, and does not transfer to the new owner with the sale of the property.