Answer:
b) The progressive income tax system
Explanation:
The tax is compulsory contribution levied by the authority in a territory on goods, services, income and profit.
Proportional income tax :Income tax is said to be proportional where the same tax rate is paid by all irrespective of their income bracket.
A progressive income tax is that where the tax rate becomes higher for those income earners in the high income bracket. The tax rates on every dollar earned becomes higher with increase in income.
The regressive income tax is where a lower percentage is paid as tax as the income income increases. Lower rate is paid on additional dollar earned.
The scenario in the question falls under the concept of progressive income tax system
No it is not.
To be categorized as 'scarce' a resource must be really hard to get and not all people could get it.
air exist in abundant amount and it's also free. So air definitely not a scarce resources.
hope this helps
The components of market analysis include:
- Three types of environment - economic, physical & technological.
- The organization has its own capabilities.
- Present & future competitor's analysis.
- Customers' consumption process.
The following information related to the market analysis is:
- It is a quantitative & qualitative market evaluation.
- The market size in volume & in amount.
- Purchasing patterns & segments of the customers.
- Competition or rivalry.
- Barries with respect to the entry & regulation of the economic environment.
Therefore we can conclude the above components of the market analysis should be considered.
Learn more about the market here: brainly.com/question/16623095
