Sunshine cell phone company offers to buy a laser printer, with a case of paper and an extra cartridge, from office products, inc. (opi), for $200. paul, opi's representative, says, "okay, but no paper and no extra cartridge." paul has:

Declined the proposed offer and raised counteroffer

Explanation:

Counter offer is the proposal of another offer in response to already raised offer.It is also termed as the offer that is raised as a measure for saving cost.It can terminate the original offer.

According to the mentioned scenario in question, Paul is rejecting the offer made by phone company by making a counteroffer.He is making the counter offer to eliminate the cartridge and paper case along with laser printer.Thus, he is decline the offer as cost-saving measure.

Supply side economic has led to lower relative taxes on higher earning citizens in America because a group of economists, journalists, and politicians formed or became adherents of a school of thought called “supply-side economics.” Its three most prominent economists were Arthur Laffer, then at the University of Southern California; Alan Reynolds, then at First National Bank of Chicago; and Paul Craig Roberts, a prominent staff member to various Republican congressional committees and, early in the Reagan administration, the assistant secretary of the Treasury for economic policy.

The journalist who was most committed to supply-side thought was the late Jude Wanniski, an editorial writer for the Wall Street Journal, and Jack Kemp, a Buffalo-area Republican congressman, was the group’s best-known politician. One other early supply-sider, an historian who became a bona fide economist, was Kemp’s aide Bruce Bartlett.

Their argument was basically an application of one of the most important principles in economics: incentives affect behavior. Specifically, they focused on the harm that high marginal tax rates inflict on an economy and the growth in an economy’s real output that can occur if the highest marginal tax rates are reduced.