A ________ tax code imposes a larger tax rate on a higher income and a smaller tax rate on lower incomes

A) convex
B) concave
C) proportional
D) flat-rate

Answer: A

Business

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________ ventures consist of one company collaborating with foreign investors to create a local business in which they share possession and control

A) Licensing B) Direct investment C) Contract manufacturing D) Management contracting E) Joint ownership

Business

A toothpaste manufacturer that bands two products together, selling two for the price of one, is using which type of consumer promotion tool to build short-term sales?

A) price packs B) coupons C) rebates D) advertising specialties E) samples

Business