The most common form of business organization in the United States is the

The ability to produce the same quantity of a good or service using fewer units of labor is known as

A) competitive dominance. B) productive dominance. C) comparative advantage. D) absolute advantage.

Suppose the government changes the tax code so that it is much simpler-there are fewer rules, fewer deductions, and fewer calculations to perform. Describe, using a supply and demand diagram, what would happen in the market for tax accountants.

What will be an ideal response?