Alex, Bill, and Cid live in Souland. Their annual incomes and the amounts they pay in income tax are shown in the table below. Income Tax Alex 30,000 6,000 Bill 20,000 4,000 Cid 40,000 8,000 The income tax in Souland is

A) proportional.
B) disproportional.
C) regressive.
D) progressive.

A

Economics

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According to the text, much of the increase in productivity that has occurred more recently in the fast food industry was the result of improvements in capital and technology

Indicate whether the statement is true or false

Economics

Travel websites such as Travelocity tend to offer reservation services for multiple travel modes. This is because

A) the firms have contractual obligations to offer reservations for airlines and railroads, for example. B) the firms have statutory obligations to offer reservations for airlines and railroads, for example. C) once the firm has the reservation technology for airlines, there are economies of scale in offering the same service for railroads. D) once the firm has the reservation technology for airlines, there are economies of scope in offering the same service for railroads.

Economics