The system approach principle places individual system elements in their environments and observes the relationships between them. Instead of studying a specific phenomenon first – an automobile ...

Real-world tax legislation assigns goods to different categories of tax rates on the basis of observable characteristics, allowing the tax system to handle a constantly evolving set of available goods ...

This is a preview. Log in through your library . Abstract Lancaster wrote that attributes of goods may combine to produce characteristics that are the primary units of consumption (1966). Often, the ...