Which of the following would not create a temporary difference? multiple choice a revenue item that causes book income to be more (less) than taxable income when it is initially recorded a revenue included in the determination of book income this year but not included in taxable income until next year an expense included in the determination of taxable income this year but not included in book income until next year a revenue included in the determination of book income this year but never included in taxable income

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.