The payroll amounts for all teams in an international hockey league are shown below using a graphical technique from chapter 2 of the text. How many of the hockey team payrolls exceeded $20 million (Note: Assume that no payroll was exactly $20 million) ? 
Definitions:
Inelastic Demand
The case in which the price elasticity of demand is less than 1.
FICA
FICA stands for the Federal Insurance Contributions Act and is a United States federal payroll tax that funds Social Security and Medicare programs.
Payroll Tax
A tax on the earnings an employer pays to an employee.
Burden Of The Tax
The burden of the tax refers to the impact of a tax on the economic welfare of stakeholders, indicating who ultimately bears the cost of the tax.
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