Suppose George's income is $10,000 and he pays a tax of $1,000 . but Laura's income is $50,000 and she pays a tax of $4,000 . Such a tax is:

Suppose James and Katherine are successful in establishing a profitable market for their "ghost restaurants" in what is a monopolistically competitive industry. In the long run, James and Katherine will most likely find it ________ to remain profitable

as they face ________ competition in the "ghost restaurant" market. A) harder; more B) harder; less C) easier; more D) easier; less

Compare and contrast the institutions of a capitalist economy with those of a communist economy.

What will be an ideal response?