McDonald's introduced the "Big Mac" in 1968 and it turned out to be a hit, but the "Arch Deluxe" introduced in 1996 was not. The success or failure of a product in the market system is determined by:

The inspection of securities on hand should be coordinated with the verification of inventories because both involve counting and inspection and can conveniently be combined.

a. true b. false

A tax that varies directly with the income of the person—the higher the income, the higher the tax rate—is known as a(n)

a. regressive tax b. progressive tax c. proportional tax d. flat tax e. excise tax