If individual income tax accounts for more total revenue than the payroll tax in the U. S., why would over half the households in the country pay more in payroll taxes than in income taxes? income tax is a proportional tax income tax is a progressive tax payroll tax is a regressive tax payroll tax is a progressive tax

In which of the following situations would the price of a good be most likely to increase? a. a breakthrough in productive technology enables a company to increase its output. b. an increase in production costs results from a rise in wages. c. there's a sudden increase in the number of companies competing to sell the good. d. a drop in demand happens too quickly for producers to decrease production to keep up.

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Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.